Tag: project
Contractors and subcontractors play an important part in the success or failure of construction projects. It’s therefore vital to ensure that not only is care taken to select the right contractor, but also to ensure that the contractor is managed correctly. Unfortunately often contractors are selected only on the basis of price – the contractor […]
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In what typically passes for “bonding” in the industry, people often share their war stories over a drink or two and some of the best stories concern tendering disasters. As you would expect I’ve heard my fair share of these tales and had quite a few personal experiences as well. The thing is, the same […]
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It’s been 6 weeks since the lockdowns were announced in Australia (Week of 29 March 2020); and we have seen a massive transition in the way that we live our lives, the way that we go about our business, and we also consider what the future holds for us. When the lockdowns kicked in – […]
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Many of us have ordered items through Amazon, eBay and other on-line stores. Sometimes we receive items that are the wrong size – which might be our fault because we ordered the wrong size, maybe we were over optimistic, perhaps we got confused between US, UK and European sizes, or possibly the item is smaller […]
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Do your employees understand how important good client relations are? Construction companies are always searching for new projects to bid on. You examine bidding lists, visit potential clients, and even advertise. But an important source of new construction projects are your existing clients. Your existing clients not only could have further projects for you to […]
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Time management carries a great deal of significance for construction managers. In fact, your ability to be successful in your projects depends on how efficient you are able to manage the time at your disposal. For a construction manager to deliver the best, one has to learn how to manage the people, workflows, and processes […]
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Construction companies are facing increasing pricing pressures. In an attempt to bring their costs down they are shopping for materials around the world. But do these materials comply with local standards? Are they reliable? Are they safe to use? What hidden dangers do they pose to future occupants of the facility? Recent fires in apartment […]
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We all wish and hope for a successful and prosperous project but are often disappointed when things don’t turn out as we hoped for. How can you influence events so your construction project is more successful? Here are some simple actions which will add immeasurably to your project’s success without requiring much extra effort. Poor […]
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Negative cashflow probably causes more construction companies to run into financial trouble (leading to their closure) than any other cause. Even a profitable construction project can cause a company financial problems if the cashflow is negative. Negative cashflow is when the contractor is paying money to suppliers, equipment hire companies and subcontractors, or in wages […]
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A construction project’s success is frequently judged on whether it’s finished on time and came in under budget. But are these the only criteria for judging a project’s success? Many construction projects are finished late and they’re over budget. But even when projects are finished within budget and on time are they a success? Well […]
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