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24 Jan

Posted at 19:06h in Budgeting, Business, Construction, COVID-19, Development Solutions, DRB, DRB Consulting, DRB Development Solutions, DRB Project News, Economic Injury, Economy, Estimating, Expert Witness, Global Construction Projects, inflation, International Business, Labor, Leadership, material pricing, News, Project Management, Project Management Services, Staffing, Uncategorized, Warning Signs, work force

My estimating background has trained me to look for indicators that will predict the future cost for the design and construction of a construction project. Over the 50 plus years in the construction business, I have researched those trends and have developed leading indicators that...

16 Jul

Posted at 15:14h in Budgeting, Business, Communication, Construction, COVID-19, Development Solutions, DRB, DRB Consulting, DRB Development Solutions, DRB Project News, Economy, Estimating, inflation, Labor, Leadership, material pricing, Project Management, Project Management Services, Property Improvement Plan (PIP), Staffing, Warning Signs, work force

Last week, the Wall Street Journal reported that the second quarter inflation was at a forty-year high of 5.4%.  The core consumer price increase was 8.3% (excluding food and energy). To the Construction industry, Inflation is a four-letter word.  Until recently, this word had slipped out...