In a best case scenario, a construction claim will make the contractor financially whole again on the matter. In a worst case scenario, the contractor goes out of business. Most claims conclude somewhere in between with all parties unhappy. There are some...
Top 5 Excel Tips for Contractors
Executive Summary: Microsoft Excel is probably the most common tool in the construction industry. Most people use it daily. Here are five simple, everyday things to make you better with Microsoft Excel. Right to the tips! To some this list will be elementary, to some...
Cost Codes: What, Why & How
Executive Summary: Many construction companies run their operations with too little specificity; costs ought to be reviewed on an activity-by-activity basis. Learn what, why and how to set up a good cost code structure. The bid and execution. Let’s use an example,...
Training: Now I see the Value
Executive Summary The benefits of training can be great for numerous reasons. You’re making capital investments, you should also treat your employees as an asset worthy of investment too. I got reasons not to train my people. Many managers feel as if training is a...
Choosing a Construction Consultant
Executive Summary: Once the decision is made to engage a consultant, choosing the firm to assist you can be one of the biggest challenges. Consider asking key questions to flush out the quality and value of the service. What sort of consultants are we talking about...
Construction Claims Hierarchy
Executive Summary: Construction claims are an unfortunate part of the construction process in today’s world. When you have a claim, know the order of hierarchy in your presentation of the data for maximum remuneration from the client. What is a claim? A claim is...