Definition - Competency
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....

Definition - Competency
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....

Definition - Skill
The Ability to do something. Sometimes combined with performing to a certain level (standard / competency) and possibly the verification of that performance (certification).
Resource - Stratified Systems Theory (SST) and Timespan 101
All contractors navigate through very predictable stages of growth delivering larger and more complex projects. Business complexity evolves requiring different capabilities at all levels. Tom Foster lays out some of these key differences very clearly.
Definition - Skill
The Ability to do something. Sometimes combined with performing to a certain level (standard / competency) and possibly the verification of that performance (certification).