The following article originally appeared in the January newsletter to clients of FMI Corporation. Reprinted with permission.The war for talent continues and exacerbates. Many industries seek the logical, orderly minds that are the hallmark of our industry’s best project managers and...
This Week's Second Look
In the construction industry, there are many terms that attorneys have written into modern-day contracts to confuse contractors with legalese and intimidate them into agreeing to terms they do not fully understand. Learning these terms is essential to the survival and success of construction...
According to Meredith Watassek, Director of Career and Technical Education at Fort Bend Independent School District, “A sustainable workforce starts by educating the middle and high school student and their parents and counselors to the viable career options in construction and other career and...
The name Fiat Chrysler Automobiles (FCA) is well known as one of the top three US auto producers. Google started a spin off company WAYMO several years ago to develop the programs and software that will enable cars to go driverless - SOON.Waymo is developing and testing a fleet of about 600...
Construction Career Collaborative (C3) offers the construction workforce development professional certificate course developed by National Center for Construction Education & Research (NCCER). The course, focused on preparing individuals to run the...
Estimating job costs is becoming increasingly difficult for construction contracts. Competitive bidding practices, rising labor and material costs, delays in obtaining permits, trade agreement restrictions with other countries, changes in government regulations, and the shortage of qualified...
How do you get a job without the right skills or credentials? How do you gain the right skills or credentials to get or succeed in a job if you can’t pay for the education needed to obtain them? From an employer’s perspective, how can you attract eager workers, ensure they develop the skills they...
The mantra of the residential and renovation contractors and subs that “Residential is different from Commercial construction. We can’t afford to do all that stuff...” has been repeated in my face for my entire career. I would argue that might have been the case in the past, but, as Bob Dylan sang...
Starting a new business venture can be exciting. Whether you are forming your first company or expanding into a new area, it is important to properly account for start-up and organizational costs. The rules concerning these costs are different for income tax purposes and for financial reporting...
