The Haves and Have-Nots Thomas C Schleifer, Ph.D. Unlike rampant inflation, supply chain collapse, or a sudden descent into recession; trends creep up without us noticing. We have already discussed the gradual shortage of skilled labor that is now haunting our...
What a Crazy Business Thomas C Schleifer, Ph.D. In this year’s opening blog series, we have been discussing the elevated risk level caused by COVID induced cost inflation, labor shortages, supply chain snags, and a potential recession that may result from the Fed’s...
CFOs Tackle Supply Chain Thomas C Schleifer, Ph.D. Welcome to 2023. The turning of the calendar page is an artifice that has taken on unrealistic significance. We’re all happy 2022 is over and believe that 2023 will be a “new year”. In business, that of course is...
IF Thomas C Schleifer, Ph.D. It is somehow comforting when other experts confirm your view of the world. Just this week in Engineering News Record: ENR October 12, 2022 Construction Wages Grow at Fastest Rate in Decades Despite Recession Threat By James Leggate...
Another Low-Bid Loophole by Jake Smithwick, Assistant Professor, University of North Carolina at Charlotte Within the construction industry, the heavy/civil sector consists of site development and infrastructure projects, such as those related to earthwork, bridges,...
Construction’s “No-Win” Risk Management/Transfer A survey of 125 construction owners by Engineering News Recordfound that only half would hire the same construction firm again, a third of all projects were over budget, nearly half were completed late, and 13% were...
