HOW TO MAKE MONEY ON YOUR CONSTRUCTION PROJECTS, CONSTRUCTION PM PRINCIPLES #37

The difficulty in making money on construction projects is often misunderstood. We are often gambling with the odds going with the dealer and that is too often not us. This video discusses a few ways that you redistribute the odds in our favour.

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Tom Stephenson is a national award-winning professor (George Brown College, University of Toronto) and best-selling author whose background in education spans nearly three decades. His diverse teaching disciplines include construction project management, business management, human resource management, architecture, carpentry, and brick and stone masonry. As a dual-professional, Tom is called upon by industry leaders to translate knowledge, reinvigorate corporate culture, and inspire innovation in emerging and established companies across Canada. Before breaking into the academic realm, Tom acquired more than a decade of practical project-management experience, operating a mid-sized Toronto-based general contracting firm. He is also the author of the newly released Planning, Scheduling, and Control of Construction Projects with American Technical Publishers and the four best-selling editions of Understanding Construction Drawings for Housing and Small Buildings with Nelson Publishing Canada. Tom most recently received the Toronto Construction Association’s 2020 Chancellor’s Award for “helping his peers become more ethical, knowledgeable and professional.” A champion of change management, Tom takes pride in helping students and businesses navigate uncharted territories, take calculated risks and rise above the status quo. Some of the companies he’s worked with include Mattamy Homes, EllisDon, BIRD Construction, MCA, Maple Reinders, and Tucker HiRise, University of Toronto Project Managers.