Tag Archives: focus

PLG ESTIMATING & PURCHASING > Buyouts on Large Vendor Contracts > 1

Construction estimating and purchasing executives are aware of the various issues involved with negotiating large equipment purchases.  On fixed price contracts, the ability to negotiate purchases on major equipment contracts affects profitability, schedule, project risk and overall project success.  The … Continue reading

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LDs vs. Incentives on Projects

I have a nagging question which I cannot answer.  Why do some Owners (including Government institutions) insist on including LDs (liquidated damages) in contracts?  Based on my experience and on informal surveys I have taken, LDs, in general, DO NOT … Continue reading

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Manage Large Project Teams Like Small Project Teams

From Michael A. Cusamano’s “How to Make Large Teams Work Like Small Teams” – Simplify the schedule and work out the interdependencies. – Stabilize the design via frequent synchronization. – Use iteration and concurrent engineering.  Projects should iterate and concurrently … Continue reading

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The Importance of Communication

The essence of good project management is communication.  The ability to communicate well differentiates project managers from their colleagues, and is a strong indicator of upward career mobility.    Because project managers generally start their careers in a technical area of … Continue reading

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