by Jerry Collins | Jul 25, 2022 | Uncategorized
How the false consensus effect eats up your profit We succumb to it in our private lives and at work. Whole departments and companies can fall into its clutches. The false consensus effect, discovered by Lee Ross and published with two colleagues in 1977, describes...
by Jerry Collins | Jun 2, 2022 | Uncategorized
Cost Engineering is often described as part science and part art. The science aspect is easily observed. We all understand the importance of collecting, normalizing, and analyzing historical data to support estimating a future program. We can all proficiently navigate...
by Jerry Collins | May 5, 2022 | Uncategorized
Hello, I recently had the privilege to talk with Temie Fessa from FLEXPIPE. Below is the corresponding article and audio file. Thanks Jerry Collins Founder Society of Cost Engineers BORROWING LEAN MANUFACTURING CONCEPTS FROM THE AUTOMOTIVE INDUSTRY By Simon Lejour...
by Jerry Collins | Apr 10, 2022 | Uncategorized
CFOs – Are They Vanguards or Villains? I continue to get mixed signals regarding how advanced CFOs are with their journey to become the “strategic advisor” that is so frequently mentioned in finance and accounting magazines. But I am unsure how much the evidence...
by Jerry Collins | Dec 21, 2020 | Uncategorized
The cost of a product is one of the key criteria for product development often backed by ambitious targets during the design phase. When sustainability is mentioned, the first thing that comes to mind for most people is usually, how much is that going to cost me… But...
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