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51 | Your Project Team's Primary Job
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Many projects seem to fall victim to the same issues: Team members arguing about the budget or schedule. Owners feeling as if the contractors are trying to take advantage of them. Contractors and subs feeling like they're not being treated fairly. Designers feeling that their designs are not being honored, etc. The issues pile up over time, until you're left with a failed project and no clear idea as to where it all went wrong.
In today's episode of The Lead With Trust Show, Sue offers some insights into how these issues can be addressed and how flexibility can be built into the process to allow for unknowns and inevitable changes.
During the episode, Sue discusses the concept of a target budget, an idea born out of the Lean Construction Institute. She walks you through the creation and use of the target budget in your projects to ensure the team can make decisions on how to optimize things as the project moves forward.
Join Sue for part one of this eye-opening discussion around your project team's primary job.
If you have any questions or suggestions for Sue, feel free to reach out via email.
Enjoy!
What You’ll Learn in this Show:
- Why so many projects falter and fail, and why it's often difficult to pinpoint the source of the problem.
- The concept of a trust budget, and how it can be used to keep your team on track and accountable throughout the process.
- The idea of 'above the line' and 'below the line' in a budget and how they help teams balance between cost, scope and scheduling.
- And so much more...
Resources:
Sue's Email: suedyer@sudyco.com
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