How Can Technology Improve the Situational Awareness of Project Managers? 

Indeed, a project manager’s ability to effectively manage uncertainty and stay informed about project developments is crucial. Construction projects become more detailed as they progress, with numerous uncertainties in the initial stages. A project manager must be comfortable with this aspect. Situational awareness involves perceiving, comprehending, and responding effectively to Read more…

Enforcing a Transparent Process for Keeping Track of Allocated Short-Term Funds for On-Going Capital Construction Projects that Need to be Slowed-Down

One of the key challenges facing Municipalities, Public Works Departments, and other public sector entities that are involved in delivering capital construction projects is managing the short-term allocation of available funds across their projects’ portfolio. Those are projects that were already approved and have approved budgets for which required funds Read more…

Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report

Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that construction projects are completed within budget. The Cost Value Reconciliation (CVR) is a measurement of the actual costs incurred on a project for which they are compared against the value Read more…