Why Integrating ERP and Project Management Information System (PMIS) is the Only Option for Capturing, Tracking, Monitoring, Evaluating, and Reporting of Every Aspect That Could Have an Impact on the Overall Cost of Capital Construction Projects?

All organizations, whether they were project owners or contractors, have been using ERP, financial and other types of accounting systems (ERP) to provide them with the actual cost incurred in delivering their capital construction projects. Nevertheless, those organizations also know that they have two key challenges that they always encounter Read more…

How to Convert a Capital Construction Project Cost Estimate into a Budget that can be Monitored, Evaluated, and Reported at the Required CBS Levels

One of the top great challenges that face project owners as well as contractors is how to convert their approved cost estimates into budgets that can be monitored, evaluated, and reported at the required cost breakdown structure (CBS) levels. For a project owner, there are different budget versions that derive Read more…