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This study describes the business side of construction contracting today. It shows how a contractor operates, thinks and reacts and it outlines specifically the risks he faces in the acknowledged high risk field. The author addresses ten common elements of contractor failure and the risk these elements pose to successful operations. Each element is illustrated with examples drawn from experience, assessments of risk, realistic alternatives for risk avoidance and practical advice on how to plan and defend against these pitfalls and how to achieve and sustain success.
Author Biography
THOMAS C. SCHLEIFER, Ph.D. has 45 years of industry experience and was founder and President of the largest international consultancy firm serving the contract surety industry. He was an Eminent Scholar and Research Professor at the Del E. Webb School of Construction at Arizona State University. Dr. Schleifer, is known as “a turnaround” expert because of the number of companies that he has rescued from financial distress.
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