Engineering and Construction Compensation: What Executives Need to Know
Companies need to pay attention to broader economic trends and other data issues when determining pay in today’s highly competitive environment.
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FMI Quarterly
Don’t Risk Poor Cash Management Due to Lack of Strategy
Regardless of market conditions, having the right level of liquidity is a crucial aspect of successful risk management for contractors.
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Compounding Competitive Advantage: The Integration of Strategy, Project Selection and Execution Framework
Being selective about what projects you take is becoming a business imperative in today’s market. Engineering and construction firms need to have superior execution that aligns with clear strategies to increase their competitive advantages.
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Why Contractors Need to Understand Embodied Carbon
Carbon accounting isn’t required on all projects yet, but there are major incentives for early adopters.
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Anything But Typical: Managing Subcontractor Default Risk in Today’s Environment
As the pandemic continues to disrupt supply chains and cause inflationary pressure on the engineering and construction industry, we talk to four large subcontractor default insurance carriers about the events of the last two years, key trends and what’s next in 2022.
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Planning Compensation in a Dynamic E&C Environment
By carefully evaluating jobs and employees, E&C companies are better positioned to meet operational needs and address talent requirements among a workforce that can afford to be demanding.
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Project Selection Discipline Yields Better Performance Outcomes
The statistical risk of taking on a bad job increases with the size and number of projects. Sophisticated project selectivity controls can help manage this risk and make balanced, objective pursuit decisions.
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How Strategic Investments in Your Talent Drive Operational Excellence
A focus on team productivity and unity will provide sustainable short- and long-term success.
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Supply Chain Disruption: Is Now the Time for Contractors to Warehouse or Carry Inventory?
Purchasing and holding long-lead inventory of construction materials can provide advantages for certain projects or customers, but also brings with it carrying costs, increased risk and other considerations for your business.
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Supply Chain Disruptions: What You Need to Know
Global supply-chain disruptions have disrupted the engineering and construction industry, with all eyes now watching the horizon. A boom is underway, but firms can't get enough of the materials they need in hand, nor can they find the staff to build once they do have supplies.
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