To have a realistic budget for a capital construction project that an organization can commit to, the organization needs to have an accurate and comprehensive cost estimate for the project’s scope of work. It is the top priority for those responsible for monitoring, evaluating, and reporting the status of the Read more…
On capital construction projects, if cost management was done from the contractor’s perspective, revenue contracts are the contracts between the contractor and the project owner. On the other hand, if cost management was done from the project owner perspective, then the revenue contracts are the contracts between the project owner Read more…
The last two articles on having an agile solution to monitor, evaluate and report the status of budget and contract management processes on capital construction projects, had shown a Project Management Information System (PMIS) solution like PMWeb is used to fulfill this requirement. The two articles have detailed the forms Read more…
