How Can Organizations Take Advantage from Their Past and Current Experience in Managing Change Orders to Build an Unbiased Assessment of Schedule and Cost Impact of Change Order Risks as well as Their Occurrence Likelihood on their Capital Construction Projects’ Portfolio?

Similar to any risk assessment, assessing the exposure of change orders risk on a capital construction project requires assessing the likelihood of the risk occurrence as well as the impact that this risk could have on the project’s completion date and budget should it occur. To improve the occurrence likelihood Read more…

What Measures Should Project Owners Take to Prohibit Contractors from Abusing the Request for Information Business Process on Capital Construction Projects?

In capital construction projects, a request for information (RFI) is a formal business process in which the contractor seeks clarification of plans, specifications, bill of quantities, and agreements from the consultant. While this process sounds straightforward, RFIs could be abused and become a source of delay, expense, conflict, and even Read more…

The Five Low-Hanging Fruits that Each Entity Should Aim for When Starting the Journey of Digital Transformation for Managing, Monitoring, Evaluating and Reporting Performance of Capital Construction Projects

The term “low-hanging fruit” is a commonly-used metaphor for doing the simplest or easiest work first requiring little or no effort, or for a quick fix that produces ripe, delectable results. Entities who are considering digital transformation for managing, monitoring, evaluating, and reporting performance of their capital construction projects’ portfolio Read more…