Masterbuilders urged to monitor projects carefully
AN EXECUTIVE of Jamaica National Group is urging contractors become internationally certified and to use technology to expand their services to new markets overseas.
Speaking at the Incorporated Masterbuilders Association of Jamaica Conference, which was held at the Jamaica Conference Centre in downtown Kingston earlier this month, Carlton Earl Samuels, chief of development financing for the Jamaica National Group, who was representing sponsors JN Bank, said there was no reason the local contractors could not compete for contracts in other markets.
Samuels prodded master builders to further strengthen their competitiveness by reducing inefficiencies through thorough project management.
MONITOR YOUR PROJECTS
“You need to carefully monitor your projects every step of the way to avoid errors, which are costly in time, material and labour. The word ‘overrun’ should not become synonymous with the work of Jamaican master builders,” he stated.
“We should get it right the first time, or quickly identify what are the likely consequences before they happen and address them, so that we don’t lose time and money,” Samuels continued.
“Why? Because your identity and your reputation are valuable parts of what you offer. Your reputation is your capital. It also adds value to your finished product and strengthens your competitiveness.”
He reminded master builders that they are an important segment of the society in shaping national identity through their building of industries and communities and should, therefore, move to address any issue that would retard their progress.