by Simplar | Feb 9, 2023 | Built Environment, Partnering, Planning, PM, Risk Management, Risk Management, Risk Management, Weekly Construction Message
What a Crazy Business Thomas C Schleifer, Ph.D. In this yearâs 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 Fedâs...
by Simplar | Jan 5, 2023 | Built Environment, Business of Construction, Facility Management, Organization Transformation, Project Delivery, Risk Management, Risk Management, Risk Management, Risk Management, Weekly Construction Message
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. Weâre all happy 2022 is over and believe that 2023 will be a ânew yearâ. In business, that of course is...
by Simplar | Oct 20, 2022 | Built Environment, Business of Construction, Facility Management, Organization Transformation, Organizational Change Management, Organizational Change Management, Organizational Change Management, Partnering, Planning, PM, Procurement, Project Delivery, Risk Management, Risk Management, Risk Management, Risk Management, Weekly Construction Message
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:Â ENR October 12, 2022 Construction Wages Grow at Fastest Rate in Decades Despite Recession Threat By James Leggate...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management, Risk Management
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,...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Constructionâs âNo-Winâ 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...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Risk Minimization (Part 2) Â In last weekâs blog, Constructionâs No-Win, research data led us to the conclusion that risk cannot be effectively transferred in contract negotiations and that only highly competent contractors can manage risk for all stakeholders. âRisk...