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    3. When One Person Controls the Management Information Including the Financial»

    When One Person Controls the Management Information Including the Financial

    Matt Stevens
    LegacyOperations

    There is always some concern about having a single person control the management information including the finances. It is not a uncommon situation in a construction firm especially a small one.Preventive and cautionary measures should be taken by the owner. Some close controls are prudent including using Benford's law as a practical double check. This is a first digit law although using the last digit is more applicable to construction.

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    Profile: Matt Stevens

    Matt Stevens is a management consultant and founder of Stevens Construction Institute Inc.

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