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 | Jul 21, 2022 | Built Environment, Business of Construction, Weekly Construction Message
Making Book Dr. Thomas C Schleifer I should have called The Project Selection Program the “Contractor’s Odds-Making Tool” because, in the end, I designed it to work just like a Vegas sports book. By isolating the most common causes of project...
by Simplar | Jul 30, 2026 | Financial Management and Risk, Financial Management and Risk, Project Selection, Project Selection, Risk Management, Risk Management, Weekly Construction Message
Vacation schedules have interrupted our strategic planning series, so we are repeating an important message on risk. If risk recognition and assessment is so fundamental to the construction transaction, why do so few contractors engage in formal risk management? As I...
by Jake Smithwick | Mar 27, 2026
… Read the rest “Schleifer Dashboard”
by Simplar | Sep 18, 2025 | Leadership, Leadership, Risk Management, Risk Management, Weekly Construction Message
Construction is a risky business. A wide variety of risk factors are piled one on another throughout the construction transaction making it almost impossible to manage all construction business risks. Building long term complex projects for a fixed price under the...
