Ep.909 - Project Management by Reduction

Cutting costs is part of managing a project, but you can't build a project, or a career, on cutting alone. In this episode, Jason talks about project management by reduction, where the focus is only on cutting budgets, fighting change orders, and holding back pay applications, with no real effort to connect with the team or find where the value is. He explains why the line items that show up most clearly on a job cost report, like training, consultants, signage, safety, and team enjoyment, are usually the first to get cut, even though they're what the project needs most. When you pair adding value with smart cost management, your trade partners, superintendents, and projects all have a real chance to succeed. What you'll learn in this episode: Why adding value has to come before cutting expenses, in business, in your career, and in your relationships How managing only by reduction shows up as nickel-and-diming trade partners and holding back pay applications Why training, safety, signage, and team support are often the first things cut, and why that hurts projects How cutting by reduction blocks the right systems, real preconstruction, and training for your people How to balance adding value with managing costs so your trade partners and teams can win Are you spending more time cutting costs on your project, or finding ways to multiply its value? If you like the Elevate Construction podcast, please subscribe for free, and you'll never miss an episode. And if you really like the Elevate Construction podcast, I'd appreciate you telling a friend (Maybe even two 😊). Also, here are links to our YouTube Channels: · Jason Schroeder YouTube Channel: https://www.youtube.com/channel/UC4xpRYvrW5Op5Ckxs4vDGDg · LeanTakt YouTube Channel: https://www.youtube.com/c/leanTakt · LeanSuper YouTube Channel: https://www.youtube.com/channel/UCzQDevqQP19L4LePuqma3Fg/featured · LeanSurvey YouTube Channel: https://www.youtube.com/channel/UC-Ztn3okFhyB_3p5nmMKnsw