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Latest Project Management News and Articles..come back soon for more updates...ISP Project Manager (Cellular-News.com) Unbalanced Bidding in Construction We believe strongly that a contractor makes the most money in the field. Building work on time and on budget is the hallmark of great contractors and also, profitable ones However, it is not the only place that a construction firm makes money. The bid table is also. There are many ways that a contractor adds margin to his bottom line by using “work smart” strategies when proposing profitable work. Examples such as the use of the Gates Model, Dual Overhead Rate Recovery, and Job Sizing are winning methods to keep risk lower and profit higher while estimating, pricing and bidding work. Unbalanced Bidding is another process that helps construction firms make extra margin on certain types of bids. IBM To Help Build Financial Management Info System In Vietnam (Asia Pulse via Yahoo! Australia & NZ News)
Thank you for visiting the Construction Contractor's Digest. We are pleased that you have joined us. This site is for the express purpose of being a resource for construction leaders. We work as management consultants with construction firms. Our firm is Stevens Construction Institute. Presently, we have posted over 100 articles ranging in subjects such as managing people & processes to financial management & computers. Enter your key word and I am certain we will have some information for you. As you read these articles, please let us know your thoughts. This adds to the quality of our digest. The articles contained have become an "old world" published book by the name "Managing A Construction Firm On Just 24 Hours A Day". We include over 100 illustrations and 130 Best Practices. |
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