by Gaurav Mehrotra | Apr 16, 2019 | Claims
Executive Summary. Projects often experience delays for which the Contractor is awarded additional time. The determination of the per day reimbursement to the Contractor for this time is fraught with protracted analysis and negotiation. Owners should consider...
by Gaurav Mehrotra | Dec 31, 2018 | Financial, News, SJCC, White Paper
How Contractors Can Solve Four Common Challenges Recently Mr. Jennings took part in a CMiC playbook about forecasting. Here are some excerpts and a link to download the full playbook. “Forecasting feeds the lifeline of the financial health of a company,” he says. “If...
by Gaurav Mehrotra | Dec 14, 2018 | Financial, News, SJCC
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,...
by Gaurav Mehrotra | Jul 5, 2018 | Management, News, SJCC
Executive Summary: There’s an adage, fast/cheap/good, pick any two. This relates to the Project Management Triple Constraint. It also has other names like Iron Triangle and Project Triangle. The Triple Constraint. A common teaching in the project management world is...
by Gaurav Mehrotra | Jun 26, 2018 | Cost Controls, Estimating, News, SJCC
Executive Summary: Cost and price are two different measures of money in a construction bid. Knowing the difference is fundamental and can improve profit. What is cost? Cost is the expense associated with an activity or item. It is just cost. It has nothing to do with...
