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QUOTE OF THE WEEK

"Don't 'take care,' take risk!"

DENIS WAITLEY

"Lettin' the cat outta the bag is a whole lot easier'n puttin' it back."

WILL ROGERS

"I can't change the direction of the wind,
but I can adjust my sails to always reach my destination."

JIMMY DEAN

"Courage is being scarred to death and saddling up anyway."

JOHN WAYNE

FROM THE DESK OF…

Contingency – What is It? Part 1

FROM THE DESK OF: Dick Troell, P.E. CONTINGENCY – What is it? (Part 1) Of all the terms applicable to projects, one is maligned, cursed, misunderstood, misapplied, misused, and otherwise ill-treated far more than any other. That term is Contingency. If ten project professionals were asked to give their definition of contingency, most certainly there…

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Checking the Box in Front End Loading

From the Desk of: Dick Troell, P.E. Sophisticated owner organizations have a well-documented and comprehensive Front End Loading work process.  This process includes Stage Gate Reviews, through which any capital investment opportunity must pass.  The Stage Gate definition most often includes a listing of the documentation required to obtain the funding and approval to move…

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FAVORITE LINKS

Construction Users Roundtable (CURT)

Construction Industry Institute (CII)

ERCI - Defender Environmental Obligation Evaluation

Independent Project Analysis (IPA)

Project Professionals - A Blog

Re-Logistics, Inc. – The Lazy Assets Company

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