News, Information, and Updates on Real Estate Development
Everybody has their own talents, and this is ours. It’s what we specialize in. In The Wealth of Nations, Adam Smith writes about the division of labor and how individuals can get better at specific skills over time and are, therefore, able to specialize in that skill.
That’s one of the best things about the process. You put something together, start working at it, everybody works the same way and you find out ways together to do things better and smarter.
There are so many different things going on with project management, such as budgeting and scheduling. The only thing that’s really constant is that we can’t completely control any of it.
We always talk about the three-legged stool: cost, quality and time but is that really all that matters.
When it comes to project management software, everyone is looking for the newest, coolest, sexiest gadget
Owners must look at every aspect of the project differently, especially when it comes to operational costs vs. capital costs.
Rushing the preconstruction phase never positively helped anyone on the team. It is much better to flesh out design ideas up front than to wait until construction has started.
In the end, construction is not about those technical aspects. It’s all about the people.
