The Best Choice

Whether it is a decision about your best strategy or the best production plan on a project learning how to make effective choices is critical.

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Leadership Tools: The Best Choice is the one you make, the one you commit to, and the one you learn from.

If you have involved a good team then reasonably debated the options and the choice is still not clear then the best decision is usually to just decide.  




PICK SMART Improvements
Contractors will never have enough resources to solve all problems or take advantage of every opportunity they face. There are a couple tools that can be used to align the team around the best utilization of resources:
Return on Working Capital (Project Level)
Reduce risk and increase returns by analyzing opportunities and selecting those that offer the highest return on working capital.
Cash Flow Tip 8 - Subcontractor and Vendor Terms and Pay Schedules
As important as it is for you to have a great Schedule-of-Values (SOV) with your customer, it is equally important to have great terms with your subs and vendors.