by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Risk Encounter Project risk in construction is defined in basic terms as unplanned cost or schedule changes that crop up during a construction project. Unplanned cost and schedule changes are ubiquitous in construction and have led to a universally negative...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Risk is Not a Dirty Word Over the last thirty years I have conducted literally hundreds of seminars with construction professionals covering an array of issues concerning the business of contracting. Along the way I have noticed that whenever I bring up risk, the...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Managing Risk in the Current Boom For the past year, this blog has been dealing with the risks hidden in growth and the strategy and tactics required to deal effectively with a volatile construction market. Let’s listen in to an enlightening discussion among...
by Simplar | Jan 14, 2021 | Risk Management, Risk Management
Risk Minimization (Part 2) In last week’s blog, Construction’s 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. “Risk...
by Simplar | Jan 14, 2021 | Productivity
Productivity A Risk Factor Our ongoing discussion of Risk has led us to take a look at labor productivity. One of the most important factors in accurate estimating, planning, and executing profitable contracts is forecasting a productive labor force that can produce...
