Executive Summary: Managing cash flow is imperative and it never hurts to see these challenges on paper. This article reminds you as the owner, the chief financial officer, or as a member of the project management team of the challenge of staying cash positive. Cash...
Best Way to Save Money is to Not Spend It
Executive Summary: When in a changed condition situation, the best way to minimize loss or to survive, depending on the case, is not to spend less, it’s to not spend at all. Take advantage of situations where you can spend zero. We’re going down. We’ve all been in a...
Owner Paralysis – i.e. Vapor Lock
Executive Summary: When a tragic event happens, even the roughest and tumble executives can suffer from decisional paralysis. I don’t mean physical paralysis in your body, I mean the inability to make a decision. You’re not alone. Who you are. You are the father of...
Safety: Communication, Communication, Communication
Executive Summary: To be successful in heavy/civil construction, it is imperative to have a rudimentary understanding of engineering concepts. However, more often than not the primary reason for a project failure is the human factor versus gross misunderstanding...
The $5 Casio: Your Best Tool
Executive Summary: With all of today’s fancy and complex tools available in the marketplace, nothing is more important than simple calculations (and common sense). Rely on simplicity and basic math to check your work. The Message: I travel the country frequently...
Contractor Wins Acceleration Impact Cost and the Incentive Payment
Contractor Wins Acceleration Impact Cost AND the Incentive Payment (1995) Executive Summary: The Pennsylvania Department of Transportation (PennDOT) awarded a time sensitive bridge rehabilitation project to a contractor and, within the contract, provided a large daily...