by Simplar | Jul 14, 2022 | Built Environment, Business of Construction, Partnering, Planning, PM, Procurement, Weekly Construction Message
Project Selection Realities Dr Thomas C Schleifer The gambler plays a hunch and takes a flyer. The odds maker weights past performance variables and uses probability statistics to estimate the possibility of future successful outcomes. Who do you think most often...
by Simplar | Jul 7, 2022 | Built Environment, Business of Construction, Partnering, Planning, PM, Procurement, Weekly Construction Message
The Gambler Dr Thomas C Schleifer Why do so many construction companies fail without anyone realizing they were about to go under? When I ran the largest surety consultancy in the country that completed projects for bonding companies after construction firms had...
by Simplar | Jun 23, 2022 | Built Environment, Business of Construction, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Weekly Construction Message
Employee Engagement Dr Thomas C Schleifer Contractors are now recognizing the shortage of skilled labor as their biggest problem. Inflation and supply problems, most believe, are temporary and can be overcome. Not being able to put together a full crew, however, will...
by Simplar | Jun 16, 2022 | Built Environment, Business of Construction, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Weekly Construction Message
Patience World economic markets are now DISORDERLY. In Econ 101 we learn that constraints on supply without attendant constraints on demand lead to inflation. In addition, we learn that in modern complex economies, government monetary policy (the printing of money)...
by Simplar | Jun 10, 2022 | Business of Construction, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Current Events/Interests, Weekly Construction Message
Recession Potential Dr Thomas C Schleifer Everyone agrees that the COVID-19 world-wide economic shutdown, interrupted supply chains, Russia’s barbaric invasion of the Ukraine, fuel shortages, and persistent rampant inflation all add up to, at the very least,...
by Simplar | May 19, 2022 | Business Development, Business Development, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
No Guesses – No Surprises, Number Two Dr Thomas C Schleifer Last week we looked at how a construction CFO crafts a cash flow plan, project by project. A cash flow plan is also an essential part of a construction company’s mid-term (six months to a year)...
