by Simplar | Jan 14, 2021 | Financial Management and Risk
The R-Score “Let’s Add Some Science To Our Business” Some years back my surety consulting firm tackled job after job completing failed construction projects for the bonding companies that were increasingly having to finish failed projects. As one assignment followed...
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 | Weekly Construction Message
4th Crisis-era Message to Contractors from: Dr Tom Schleifer Time is Not on Our Side Last week in this crisis message series I said time is not on our side. Three weeks back I said that prudence suggests a reduction in overhead sooner rather than later. Unfortunately,...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection, Project Selection
Two Steps To Project Selection Risk Contractors know that they accept a certain amount of risk every time they enter into a new contract. However, they are challenged to select projects that their organization will be able to complete profitability. How much risk...
by Simplar | Jan 14, 2021 | Proposal Writing, Proposal Writing
Beyond “Low Bid” What Now? The idea that always choosing the low bidder on a construction contract would protect budgets and prevent corruption has run its course. It is now almost an axiom of the construction industry that the hidden cost of broken schedules and...