Definition - Standard

Level of Performance required. May relate to a job role (person), team, company, materials, equipment, facility, etc. Required by business model as part of achieving strategic objectives.

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EXAMPLE

The prerequisite to join the U.S. Marines is running 1.5 miles in 13:30 for males and 15:00 for females.

 

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Definition - Standard
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....

Definition - Standard
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....

Locus of Control - A Critical Dimension of Talent
Locus of Control is a critical dimension of talent that will materially improve every aspect of someone's life and job performance. It can be screened for in interviews and can be intentionally developed. It is the multiplier for many other skills.
Accounting and Finance (Similarities, Differences, and Integration)
For a growing contractor, understanding the differences between accounting and finance is often a challenge. The two functions are related but very different.
5D Process for Alignment, Development, and Execution Speed
Effectively building a project and a construction business starts with getting the right people on the team and then getting them aligned. A great behavior to build into the team for alignment is a disciplined approach focusing on the 5Ds.