Tony

The world’s top organizations are selecting PMWeb because of its comprehensive features, functionality, and ease of use. Since 2007, PMWeb has been used by tens of thousands of users to manage their Plan | Build | Operate lifecycles.

Why Contractors Should Give Great Care in Estimating, Monitoring, Evaluating, and Reporting Preliminaries on Capital Construction Projects

One of the common line items of every single capital construction project’s bill of quantity or schedule of values is preliminaries. Those are the cost of operating the construction project and would typically include the cost of  Site staff, including the project manager, engineers, foremen, quantity surveyors, office manager, storekeeper, Read more…

By Tony, ago

How Can a Project Management Information System Support the Building of the Perfect Project Control Organization for Capital Construction Projects?

The paper titled “Skills and Knowledge Requirement for Project Control Professionals” by Allan Crow, Vincent Sovis and Harish Chopra provides a comprehensive outline of how organizations can build their project control team for capital construction projects. The paper aims to specifically address the skills and responsibilities for the various project Read more…

By Tony, ago

Evaluating and Shortlisting Capital Investment Opportunities Using Profit Investment Ratio (PIR) and Risk Exposure Measures

When it comes to evaluating and shortlisting capital investment opportunities, an organization needs to consider selecting and investing in them as capital projects. With this, they must decide if the profit investment ratio (PIR) or value investment ratio (VIR), which is a capital budgeting measure that gauges the potential profitability Read more…

By Tony, ago