One of the key challenges that faces contractors when it comes to delivering construction projects is how to determine the actual resource performance as it relates to productivity and overspending. Using time attendance systems including timesheets, RIFD and other advanced technologies are good for assessing the actual total resource hours Read more…
The Cost Plan is the outline of the estimated project cost for the required resources to complete all project activities. The term “project cost” refers to the total sum the project in question will cost the company. Those could include the costs associated with the project direct and indirect costs, Read more…
No one can deny that delivering a capital project within the approved budget is one of the must objectives if the project could be labelled as a successful project. For the project budget to be attainable, it must be based on the approved project cost estimate which will be prepared Read more…
