Category Archives: Cost Control

Cost Management Solutions (1)

There are two concepts which are central to change management and contracts management on projects: Cost Attribution and Cost Segregation.  These concepts relate to a systemic thinking of costs and promote a proactive approach to the treatment of costs including … Continue reading

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Construction Claims Management for Contractors (Part 1 of 4)

Here are some fundamentals of claims management for contractors (and subcontractors) – Your claim must be credible.  It must be based on facts! Focus on the big issues. Don’t make it personal.  That will only detract from your objective. Ensure … Continue reading

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Construction Management Alignment Issues (Part 1 of 4)

Over the past forty years, the construction industry has witnessed the evolution of the construction management (CM) delivery methodology.   Today, when we speak generically about CMs, we usually refer to CM-At Risk, which is different that CM-As Agent.  The latter … Continue reading

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Construction Scheduling Software > Factors to Consider

Remember that construction scheduling software is a tool and it has a purpose:  to provide relevant and timely information about the status of a project, in order to drive decision-making in a dynamic format that can be shared and communicated … Continue reading

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Less is More in Structured Cabling

Less is More in Structured Cabling by Patrick Smith, President, SK Cabling Inc. In today’s IT business environment, whether its virtualization or cloud servers, less is more.  Less space, less power, less management, less expense and more horse power, giving … Continue reading

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Common Cost Control Problems on Construction Projects

Here is a list of common cost control problems found on construction projects: Improper estimates, standards and budgeting techniques. Unrealistic budgets. Activities started or completed out of sequence. Inadequate WBS (Work Breakdown Structure) or insufficient WBS detail. Lack of management … Continue reading

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PLG Subcontracting Observation #1 > Cash Flow

One of the biggest challenges for subcontractors is CASH FLOW management.  You can make an accounting profit and still get wiped out.  This can happen in any economic climate, but is a particularly acute problem in a down market when … Continue reading

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The Role of The Owners Rep. Expands

http://newyork.construction.com/opinions/2011/0725-AsStaffsShrinktheRoleOftheOwnersRepGrows.asp With the Poor economy forcing owners to make tough decisions about layoffs and budget cuts, one position they should not consider eliminating is the owner’s representative. That is because this job has become a vital tool in helping the … Continue reading

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Supply Chain Integration

There seems to be a critical change occurring in the construction industry supply chain.  Owners, developers, contractors and government agencies are demanding a tighter integration of procurement, coordination, delivery and cost management activities.  The industry is completely reinventing itself with … Continue reading

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The Importance of Gate Reviews in Design and Pre-Construction

Gate reviews are essential to well-managed planning and pre-construction phases of a construction project.  The concept is simple in its execution and elegant in its simplicity.  I caution industry professionals that simplicity does not mean that they should let their … Continue reading

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