by Simplar | Feb 23, 2023 | Built Environment, Business of Construction, Project Selection, Project Selection, Risk Management, Risk Management, Risk Management, Weekly Construction Message
Navigating Trends Thomas C Schleifer, Ph.D. I love this quote from a contractor who offered feedback on last week’s blog. “If we can’t do anything about trends, what are we supposed to do?” You have to love that. It reeks of the frustration that we contractors feel...
by Simplar | Mar 3, 2022 | Growth, Growth, Project Selection, Project Selection, Project Selection, Project Selection, Weekly Construction Message
SIZE MATTERS Warren Buffet once famously said: “I buy expensive suits… They just look cheap on me.” In this disrupted, unpredictable market of 2022, project selection may be the most important decision construction senior management will make. Last...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection
Project Selection Process The project selection tool provides an accurate measurement of project selection risk based upon what is known or not known about a potential project at a given point in time, and how well the project matches the firm’s experience. Download...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection
How to Handicap Project Profitability Like a Vegas Bookmaker Imagine if bookmakers in Las Vegas accepted bets based on their loyalty to their favorite teams or just a hunch. They would be out of business after the first round of betting. They understand their chances...
by Simplar | Jan 14, 2021 | Project Selection
Project Selection Project Selection The Science of Project Selection Avoiding Losing Projects… Read the rest “Project...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection, Project Selection
Two Steps To Project Selection Risk Contractors know that they accept a certain amount of risk every time they enter into a new contract. However, they are challenged to select projects that their organization will be able to complete profitability. How much risk...
