Executive Summary: Construction projects are becoming more and more litigious. The cost of outside counsel is practically its own line item in a contractor’s estimate these days. Hiring a junior attorney today for pennies may later save you dollars. The problem. I was...
Letters – Keep them Simple & Discrete
Executive Summary: Written communication is a skill every good project manager must have. Knowing how to write a letter is critical during the project, and afterward in the case of a claim. Basic pointers for writing good construction letters are presented here. You...
Temperature Effects on Productivity
Executive Summary: Effects of weather on labor productivity can be difficult to quantify. Consider efficiency factors generated by the National Electrical Contractor’s Association and presented by Adrian & Adrian in Total Productivity and Quality Management for...
Unbalancing a Bid and Cash Flow
Executive Summary Cash flow is vital to a contractor’s survival. Taking advantage of setting unit prices in a bid, and also knowing cash strangle points is imperative for business owners and project managers. Here’s a Video The first ten minutes of this video...
Users of Your Financials: What They’re Looking At
Executive Summary: Some parties may require their own review of your financial reports before doing business with you. The two documents of interest to these parties are the income statement and the balance sheet. The major items they’re looking at are briefly...
Divisional Separation: Pure Crap
Executive Summary: Companies lose money and affect reputation by divisive behavior between divisions. Work to make this better by improving morale, efficiency, and the bottom line. How it goes. You’re a member of a successful construction company. You work in the...