Extended payment terms: who really pays the price?
In tough economic times, businesses large and small look for ways to manage their cash flow more effectively. When money is tight it’s common … Read more
Selection
The reluctant constructor
As a project manager, you are considering the sole-source appointment of a contractor with a unique technology and construction methodology. You have commissioned work … Read more
Dealing with difficult vendors
Fortunately, truly difficult and opportunistic vendors are rare. But we have all had the experience of the vendor who knows you depend on them … Read more
Getting the right incentives into construction management agreements
Poorly-designed incentives may encourage a contractor to behave in unexpected and unpleasant ways. And construction management is a form of contract that is especially … Read more
Feeding stray cats: Should you support a contractor in financial distress?
You know what it’s like to have a hungry stray cat begging at the back door. You try to ignore it. You hope it will … Read more
Creating local content opportunities in major projects
With careful planning and management, you can not only find and grow capable small and medium-sized enterprises (SMEs), but also give them real opportunities … Read more