If you don’t care deeply about the people who work for you, how can you expect them to view you as their leader?
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Effective project and business leaders challenge existing processes and question the status quo. They recognize the need to rethink assumptions and evaluate issues objectively. Preconceived notions and biases favoring existing thinking limit our critical thinking, and diminish our ability to … Continue reading
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Project managers should take a lesson from Lao Tse (Tao Te Ching) when negotiating. That which does not bend shall break. Be flexible and nimble. Expand the zone of negotiation and make the pie bigger for all parties.
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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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Good project leaders make the complex look simple. Poor project leaders add needless complexity.
One of major pitfalls of general contractor (GC) estimating on infrastructure projects is getting the right numbers from the electrical bidders. Electrical trades comprise a significant portion of the contract value on large fixed-price infrastructure projects. GC’s are faced with the perilous … Continue reading
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OpenCourseWare started out as a pilot program by M.I.T. (Massachussets Institute of Technology) in 2002 with 32 courses. As of November 2011, over 2080 courses were available online. We in the engineering and construction community applaud M.I.T for remaining true … Continue reading
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The issue of standpipe provision and maintenance on construction projects is a serious one, and one which has generated much interest during recent years by the NYC Department of Buildings, NYC FDNY and the construction industry. Continue reading
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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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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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