Change Orders – How to Plan, Mitigate, and Minimize the impact of Changes on Your Construction Projects. Continue reading Change Orders – How to Plan, Mitigate, and Minimize the impact of Changes on Your Construction Projects.
This list of criteria should be used for pre-qualifying Contractors to participate in a solicitation. Continue reading Pre-qualifying Suppliers – The Top 6 Criteria You Can Use to Pre-Qualify Your Supplier Pool.
Case study demonstrating how pricing models solve procurement problems. Continue reading Case Study – Strategic Application of Pricing Models – A Lesson in How to use Cost Plus with GMP to Reduce Risk and Time in Design and Construction.
Separately, these stories are examples of the ways construction firms can go bad, collectively these show patterns we need to recognize . Continue reading Financial Risks – How Mega Construction Firm Failings Elevate Performance Risks for Owners and what YOU Can Do About It.
..our natural “optimism bias” leads us to believe that we can do things faster and cheaper… Continue reading Best Practices – How Many Bidders Do you Need to Ensure You Receive Three Qualified Bids?
Punitive delay claims are unenforceable and are likely to be overridden by the courts. Continue reading Penalties and Bonuses – How To Avoid Project Delays and Incentivize Timely Completion.
Even unregulated privately held businesses need to be aware of certain soft practices that may be signs of collusion between their employees and Vendors. Continue reading Procurement Corruption – Six Practices Your Company Should Avoid to Prevent Collusion and Corruption.