Why Digitizing Project Management Business Processes for Capital Construction Projects Is the Only Way Forward To Survive?

No one can deny that the fourth industrial revolution 4.0 (Industry 4.0) will impact all industries including the construction industry. One of the areas that forces the digitization is managing the delivery of capital construction projects. Not only do digitalized business processes improve the efficiency, transparency, and accountability in performing the hundred-plus Read more…

How to Provide a Better Prediction of the Possible Estimate to Complete (ETC) Value for Capital Construction Projects

For those who use the Earned Value Management (EVM) method on capital construction projects, the Estimate to Complete (ETC) measure provides them with the basis for calculating the Estimated at Completion (EAC) and Variance at Completion (VAC) measures. Nevertheless, the Estimate to Complete (ETC) measure needs to be adjusted to Read more…

Why Daily Reports Could Be the Best Tool to Verify the Accuracy of the Estimated Material Resources Quantities on Capital Construction Projects

One of the major dilemmas that face contractors on construction sites is how to verify that the estimated material resources such as steel reinforcement, cement, blocks, premix mortar, ceramic tiles, plastering, painting, false ceilings, pipes, and others for actual work in place are inline to what was originally estimated. They Read more…