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free online project management Resource IndexPopular free online project management Resources:Online Web Based Project Management and Tracking - iTeamwork.com Free Online Project Management - Plan Your Projects With Ease Popular Articles:
Latest Project Management News and Articles..come back soon for more updates...Supervisory Hours Trending in the Wrong Direction Recently released information by the Bureau of Labor Startistics shows a negitive trend for construction supervisors and their crews. In the period from 1979 to 2003, supervisor hours are at almost a 1:1 ratio with a worker's hours. Meaning that supervisors are less of a leverage point for production. The source document is titled "Ratios of Average Weekly Hours of Supervisory (non-prodictuction) time to Non-supervisory (production) worker by NAICS Supersector 1979 - 2003". The NAICS code is 0770. The right application of cost makes contractors financial picture improve greatly. Not knowing your accurate costs for each bid results in serious business consequences. Estimating too much cost, he won't win the project. He might not win any projects. This can be "slow death" Bidding too little cost, he pays to finish the job. The contractor might even be bankrupted on the way to complete the project. This may be "sudden death." An accurate cost picture does give a contractor the most power in a negotiation. Once, he or she knows the breakeven, the poker game starts. This poker game is one area where the contractor either wins or loses. There are no ties. He must be certain of his position. How do we arrive at an accurate cost? Two crucial steps among several are 1) The proper application of overhead costs for this project 2) Job sizing to proportion overhead and profit the volume of the job.
Research and Markets: What are the Main Drivers of Project and Portfolio Management in the Pharmaceutical Industry? (Business Wire via Yahoo! Finance) Negotiating Skills for Contractors Negotiating is the best use any construction professional's time. We make or save the most amount of money in the shortest period of time. In our experience, everyone has said "yes" or "no" at the right time and made a ,000 in twenty minutes. If we could do this on an hourly basis, we would retire early. The construction business would be our hobby. These are basic rules that must be observed if you are to have an above average negotiation. Do these and you will reap benefits. Guard against the gambits that others will use against you. Remember, what you deserve is what you negotiate. Here is the list of rules with some of the tactics to be wary: Pilot project targets 0m mine bonanza (The Mercury) |
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