by Simplar | Jan 14, 2021 | Overhead
Subject: Overhead “CLOSING THE BARN DOOR AFTER THE HORSE HAS BOLTED” by Professor Jake Smithwick, PhD, University of North Carolina at Charlotte Cutting overhead to protect earnings in down markets is a business school cliché. In management theory it is an obvious...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Building on Shifting Sands Millennium Tower in San Francisco is sinking and leaning. The 58-story tower has sunk 17 inches and tilted 14 inches since it was completed in 2008. Engineers want to drill hundreds of steel and concrete “micro piles” down to bedrock under...
by Simplar | Jan 14, 2021 | Change Orders, Change Orders
A Change Order by Any Other Name Designers, owners, and most contractors consider Change Orders a bad thing. Research indicates that overall project performance and contractor profitability is better on jobs with fewer COs than those with many. Even when Change Orders...
by Simplar | Jan 14, 2021 | Contractor Default, Contractor Default
Out of Tune A construction project is an intricate labyrinth of independent/inter-dependent craftsmen making carefully coordinated contributions to the finished product over an extended period of time. Perhaps no other human endeavor requires such precise complex...
by Simplar | Jan 14, 2021 | Financial Management and Risk
… Read the rest “The R-Score”
by Simplar | Jan 14, 2021 | Succession Planning
Subject: Succession Planning and Leadership Transitions SOME COMPANY FOUNDERS FORGET THEY WON’T LIVE FOREVER However, Researchers Find Many Don’t by: Dr Anthony Perrenoud, Ph.D., University of Oklahoma Unlike Fortune 500 corporations, construction is still a...
