Chapter
Jul 12, 2016
Chapter 10

Management

Publication: Engineer to Entrepreneur: Success Strategies to Manage Your Career and Start Your Own Firm

Abstract

Management skills are needed in a variety of situations and they are all critical to success, but proper and detailed tracking is what allows for effective management. The office environment is an extension of the management style and skills. Cash Flow management is one of the hardest of the management areas to control and predict. Projects are the life blood of the company and what generates revenue. All project submittals to the governmental review agency should be clear and concise and provide the reviewer with all necessary information to make an informed decision, including citation of references used. Setting initial pay rates, raises and bonuses is important to keep up office morale and employee satisfaction and retention. Utilizing contract workers instead of employees is one way of reducing payroll expenses and saving on benefits. Profit management involves establishing and setting a fee structure for the services the company provides.

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Go to Engineer to Entrepreneur
Engineer to Entrepreneur: Success Strategies to Manage Your Career and Start Your Own Firm
Pages: 137 - 159

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Published online: Jul 12, 2016

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Rick De La Guardia
President and Founder, DLG Engineering, Inc., South Miami FL, USA

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