Changes and Cash Flow Improvement
D. Brown Management
March 13, 2019
Construction is a cash-intensive business and change orders are often one of the root causes of poor cash flow. A 30-day improvement to change management workflow can generate over $400K in additional cash flow for a $50M contractor.
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Change Order Profit Improvement
D. Brown Management
March 12, 2019
A 10% improvement in change order pricing for a $50M per year contractor will add $500K to their bottom line. This is not about simply marking up the change more, but rather, including the many costs that are typically missed or undervalued.
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Change Orders and Average Cost Impact to the Project (Industry Survey)
D. Brown Management
March 11, 2019
Changes are a part of the construction process with many underlying causes. While we have all heard the average of 10% changes on construction projects, it is interesting to look at an industry study for validation.
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A Broader Definition of a Change on a Construction Project
D. Brown Management
February 24, 2019
The first step for contractors improving their management of changes on a project is simply earlier identification. This starts with a better definition of what a change really is, and then setting standards within your company around that definition.
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Percent Planned Complete (PPC) - Calculation Example
D. Brown Management
September 19, 2018
Yoda would be the perfect coach for managing schedules on projects: “Do or do not. There is no try.” This is the heart of Percent Planned Complete (PPC) and the weekly cycle of continuous production improvement.
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Two Key Results for Project Planning
D. Brown Management
September 2, 2018
There are two critical key results that should be focused on as part of every project planning process.
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Impacted Productivity - Five Elements of Making a Good Case
D. Brown Management
August 25, 2018
Contractors are continually faced with costly impacts to their labor productivity and schedule with many beyond their direct control. The best Project Managers know how to identify, communicate, and mitigate these impacts.
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ABC Daily Planning
D. Brown Management
August 24, 2018
Effective planning processes are the foundation for great production. The planning process can be seen as a series of tighter and tighter concentric circles with the bullseye being the daily plan. Daily feedback improves performance and mitigates risk.
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Planning - Integrating the 4 Key Responsibilities
D. Brown Management
August 23, 2018
Effective planning combined with regular feedback (at least weekly) combined with a structured look at how to improve each week is the key to integrating the four key responsibilities of a Foreman.
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Creating The "Perfect Field Day"
D. Brown Management
August 7, 2018
Contractors build things and that comes down to the men and women in the field. They are the ones adding the value to the raw materials and that is ultimately what the customer is paying for.
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