We have recently decided to introduce an incentive program for our superintendents in order to improve productivity and ensure that the schedule is met and customer satisfaction is attained. Here is a synopses of the program...
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 It’s that time of year again…time to put together your company projections for 2012! You may be in the process of crunching numbers to let your partners, bankers, and other stakeholders know your company’s outlook for 2012. Hopefully, 2012 will shape up to be a great year!
Instead of rewriting what has previously been written in past articles, below are some articles to reference to assist you in creating your 2012 plan:
Projecting Part 1: Flow Work
So how do you go about figuring out wh...
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Construction subcontractors tend to be more like Aerosmith than like an airline. What exactly do I mean? Well to further the analogy, let’s look at the definition of both of these entities.
Rock bands are made of a small group of talented people that perform specific functions. As the band forms it is not a big secret what each person is to do, however, there are not written rules on how this is done, it just happens. On the other hand airlines are a collection of people where before some...
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The most frustrating experience for a project management team and the owners of a construction company is project fade. The process of margin disappearing as the project becomes more complete deteriorates moral, the balance sheet, and may threaten the ability for an organization to continue as a viable concern.
Fade comes from many causes: optimistic estimates, poor team performance, work outside the normal scope of business, incorrect cost reporting, and even fraud. The hardest part to ...
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Best and Final Offers (BAFO) are probably the fastest growing trend in construction, especially given the economy today. In a previous blog, I talked about the ethics of the BAFO process. There are legitimate reasons to utilize the process, but you have to have integrity from everyone involved or you may just be another bid shopper.
When dealing with vendors you need to ask yourself several questions when it comes to entering the BAFO process:
Was the information that the vendors were ...
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| Project Management: How will it help me? |
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Improve Communication! (without speaking)
- System automatically notifies your project team of any changes to a project!
- 24/7 access from anywhere!
- Company executives now have real-time data on how every project is performing!
Less Paperwork!
- Write an RFI with 90% of information pre-filled, and the RFI is automatically attached to the individual drawing sheets it's associated with!
- Mark a document as having a cost impact, and it is automatically integrated into your contract dashboard as an item to price!
Increase Profits!
- Improved Communication + Less time with Paperwork = More Margin!
- With a click of your mouse, generate a list of outstanding changes that your client needs to approve and/or pay!
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Automatically Generated RFI |
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