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Harness the connection between managing risk and increasing profitability, Part 2

In Part 1, we covered taking control of the submittals schedule and managing RFIs. Let’s move on to properly allocating substitutions and limiting change orders.  In …

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Harness the connection between managing risk and increasing profitability, Part 1

As an architect or engineer, it’s important to anticipate potential issues and problems that can—and usually do—arise during the construction phase of a project. As …

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Value engineering: How to manage the process and limit the risk of VE

As an ideal, the underlying intentions of value engineering seem noble. Truly, discarding elements of a design that add extraneous costs but do not make …

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Developing a strategy for getting paid on time

Many architects and engineers don’t like to talk about money. This isn’t to say that architects aren’t good business people, it’s just that money typically …

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