Only 2.5% of contractors finish on time and on budget. Here's what they do before the job starts.
In this episode, Eric Anderton breaks down Part 1 of FMI's 2025 Project Management Study — 243 executives, 84 PMs, real contractors, real numbers. What they found isn't revolutionary. It's the same truth Vince Lombardi was teaching in 1959. Preparation before the work starts. Accountability to a consistent standard. Everyone owning their role before the first crew hits the job site.
The three things separating high performers from everyone else: PM involvement in estimating, structured pre-execution planning, and field buy-in before mobilization. The one role responsible for making all three happen — or failing to — is your project executive.
Three Numbers Every Owner Should Know
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PM involvement in estimating → margin attainment jumps from 55% to 78%
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Thorough pre-execution planning → profit margins hit 81% vs. 50% of the time
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Strong field alignment → on-time/early completion 76% vs. 58% of the time
Hosted by Eric Anderton — leadership coach, executive coach, and 20+ year veteran of the construction industry.
FMI 2025 Study: https://fmicorp.com/insights/thought-leadership/2025-project-management-study-part-1
Executive coaching for your PX — book a call: https://10minuteswitheric.youcanbook.me/
Construction Genius book: https://www.amazon.com/Construction-Genius-Effective-Hands-Leadership/dp/B0BHTRDY1T/
The Shift leadership course: https://theshift.constructiongenius.com/
