Extending payment terms is not without consequence and we must be informed on these risks in order to make a sound decision.
Category: Management
Commentary – Working from Home – How to be Alone Without Feeling Lonely.
In contrast to working in an office, working from home can be very isolating. Dealing with that effectively can be challenging, but after some time, and by making a few adjustments, these feelings can be overcome.
Best Practices – Application for Payment -Why You Should Never Pay A Contractor Without Doing This.
This process occurs before the contractor presents an invoice.
Commentary – Modular Construction – Why Modular Construction Techniques Continue to Languish and Why Procurement is Responsible.
Johnston is so focused on procurement that he has completely overlooked the rest of the findings.
ProcureCon Facilities 2019 – What Will We Share At This Year’s Conference?
ProcureCon Facilities is the only procurement conference dedicated to facilities services. This year they have a jam-packed agenda.
Tech Talk – Sensors – How Sensor Technology is Changing Facilities.
How all of us in construction (not just procurement) can drive our buildings towards an Internet of Things (IoT) reality.
Industry Watch – Ebert Construction – How Greed and Mismanagement Brings Down One of NZ’s Largest Builders.
Subcontractors like Hardware Direct were being exercised by Ebert right up until the day the announcement was made.
Best Practices – Standard Form Agreements – The World’s Equivalent to the AIA
There are a number of organizations around the world that also offer standard construction forms.
Best Practices – Why Your Design Build Contracts Are All Wrong!
There are only certain types of suppliers who have the training and legal obligation to look after the Owner’s best interests.
Case Study – A Hotel That Costs too Much!? – Architect Pays Developer For Expensive Design.
The court found that Foster failed to “identify requirements and possible constraints” and “confirm key requirements and constraints”.
Best Practices – How Many Bidders Do you Need to Ensure You Receive Three Qualified Bids?
..our natural “optimism bias” leads us to believe that we can do things faster and cheaper…
Pre-qualified Suppliers – Eight Critical Actions for Managing Your Supplier Pool.
This isn’t a shortcut to procurement, you still need a scope of work, you still need a bid period, and you still need analysis.