by Simplar | Jan 29, 2026 | Built Environment, Business of Construction, Organization Transformation, Partnering, Planning, PM, Project Delivery, Project Selection, Project Selection, Project Selection, Weekly Construction Message
Decision tree analysis is not a scientific way to make decisions but rather a visual representation of the decision-making process that goes on inside the head of decision makers. At first, a decision tree appears as a tree-like structure or graph with different nodes...
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
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...
