Regardless of a capital construction project type or size, completing the project in accordance with the set dates to make the project operational and ready to be occupied is of great importance for project owners. Managing those completion dates requires breaking down the overall project duration into interim milestone dates Read more…
Accruals are a form of accounting practice that can help to provide a more accurate representation of the economic condition of a project at the end of an accounting period. The purpose of monthly accrual is to record incurred expenses within the proper accounting period and to match expenses with Read more…
Organizations who are involved in delivering capital construction projects always need to know the current material price of key construction materials and other related commodities. Whether those organizations were project owners, contractors, consultants among others need those prices to assess the project viability, price to bid, etc. In most countries, Read more…
