by Simplar | Apr 20, 2023 | Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Weekly Construction Message
Working Capital Engineers Thomas C Schleifer, Ph.D. No sane construction professional would prepare a bid or start a job without input from the estimators, designers and/or engineers, and project managers. After scrutinizing specifications and understanding quality...
by Simplar | Jan 12, 2023 | Built Environment, Business of Construction, Facility Management, Organization Transformation, Partnering, Planning, PM, Procurement, Project Delivery, Weekly Construction Message
Capital Management Thomas C Schleifer, Ph.D. After New Year’s, prognosticators gave up pretense and predicted recession for 2023. The Fed, they now admit, waited too long to take action and its current aggressive interest rate hikes are pushing the economy into a...
by Simplar | Dec 22, 2022 | Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
Capital Capacity Thomas C Schleifer, Ph.D. Will we be running from rampant cost inflation or deeply mired in top-line recession in 2023? No one seems to know. What we do know is that we don’t know, and that’s treacherous turf. How do contractors decide whether to bid...
by Simplar | Dec 8, 2022 | Built Environment, Business of Construction, Facility Management, Organization Transformation, Partnering, Planning, PM, Procurement
The Contracting Business Thomas C Schleifer, Ph.D. With only four weeks left in what everyone agrees has been a very eventful year, I’m inclined to engage in big picture thinking as I sum up the year in my mind. I realize that my readers are probably tired of hearing...
by Simplar | Nov 3, 2022 | Built Environment, Business Failure, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
CLEAN UP YOUR BOOKS Thomas C Schleifer, Ph.D. While operating the nation’s largest workout firm for sureties, I had occasion to audit the financial statements of hundreds of construction companies that had failed mid-project. While the causes of those failures varied...