The Contractor's MBA

Timothy Fairley
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  • Entrepreneurship

Exploring entrepreneurship in construction. AI-enhanced estimtaing and contract management: https://www.operum.io/ Free construction courses and templates: https://courses.construct-iq.com/ Work with me: https://calendly.com/timothyafairley/operum-advisory

Episodes

  1. 17 Jan

    Complete Guide to AI in Construction

    The conversation explores the role of AI in construction management, including its capabilities, limitations, and practical applications. It also delves into the understanding of AI models and the tools and integrations necessary for effective AI implementation in construction management. Takeaways AI in construction managementUnderstanding AI models Chapters 00:00 AI in Construction Management05:53 AI Capabilities and Limitations

    12 min

  2. 14 Jan

    The Three Pillars of any Construction Business

    The conversation covers the core pillars of a construction business, the key factors for finding profitable work, the stages of project delivery, and the stages of contract administration. It provides insights into the challenges and strategies related to each of these themes. Takeaways Construction business pillars: Find work, do work, get paidKey factors for finding profitable work: pipeline of opportunities, accurate estimating, qualificationDelivery stages: setup, delivery, closeoutContract administration stages: set up, delivery, closeout Chapters 00:00 The Three Pillars of Construction Business

    5 min

  3. 9 Jan

    6 Steps to Highly Accurate Estimates

    The conversation delves into the process of estimating construction costs, emphasizing the inclusion of uncertainty in estimates and the various steps involved in generating an accurate estimate. It covers the understanding of estimates, types of estimating errors, building a pricing schedule, assembling a resource library, pricing line items and quantities, different pricing methods, program-based tasks, subcontract work, overhead costs, risk calculation, and the review and submission of the estimate. Takeaways Estimates include uncertaintyEstimating process involves multiple steps Chapters 00:00 Reviewing and Submitting the Estimate

    9 min

  4. 8 Jan

    How to Review a Construction Contract (Properly)

    The conversation provides a methodical approach to reviewing construction contracts, emphasizing the importance of context and understanding the scope of works. It covers key areas such as commercial risks, scope validation, program review, payment terms, and contract limit deviations. Takeaways Context is crucial in reviewing construction contractsUnderstanding the scope of works is essential for effective contract review Chapters 00:00 Understanding Construction Contracts05:44 Reviewing Payment Terms

    7 min

  5. 5 Jan

    Why "Cash is King" in Construction

    "Cash is King." You've probably heard the phrase thrown around, but what does it actually mean? And why is cash flow essential to running a construction business?

    4 min

  6. 20/12/2025

    Estimating for General Contractors

    Estimating for general contractors involves converting construction decisions into scope, risk allowances, and contract positions. The estimating process requires a thorough understanding of the project scope, delivery strategy, and subcontractor tender packages. This involves analyzing the contract, defining delivery strategy, preparing subcontractor tender packages, selecting subcontractors, pricing risk, calculating overheads, and assembling the commercial offer. Takeaways Estimating for general contractors involves converting construction decisions into scope, risk allowances, and contract positions.The estimating process requires a thorough understanding of the project scope, delivery strategy, and subcontractor tender packages. Chapters 00:00 Fundamentals of Estimating for General Contractors06:00 Preparing and Leveling Subcontractor Quotes

    10 min
  • 6 Episodes

About

Exploring entrepreneurship in construction. AI-enhanced estimtaing and contract management: https://www.operum.io/ Free construction courses and templates: https://courses.construct-iq.com/ Work with me: https://calendly.com/timothyafairley/operum-advisory

Information

  • Creator
    Timothy Fairley
  • Years Active
    2025 - 2026
  • Episodes
    6
  • Rating
    Clean
  • Copyright
    © 2025 Timothy Fairley
  • Show Website
    The Contractor's MBA