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Setting the Project Control System (PCS) Schedule and Resource Management Module: Resource Management
Tony
Function 3: Resource Management One of the requirements of all construction projects is for contractors to load their integrated project...
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Setting the Project Control System (PCS) Schedule and Resource Management Module: Updated Schedules
Tony
Function 2: Schedule Update Although the Activity Boards has the details of the actual progress achieved on the project, nevertheless...
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The Project Control System (PCS) Applications
Tony
One of the key things that learned during four decades of being involved in the delivery of construction projects is...
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Blog Building Information Models (BIM) Cost Management Forms Portfolio Project Management Office (PMO)
Project Control System (PCS) on Building Information Modeling (BIM) Enabled Projects
Tony
For projects where Building Information Modeling (BIM) is used by the contractor for developing the shop drawings (LOD 400) based...
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Digitization Vs. Digitalization of Project Control System (PCS) Functions
Tony
There is always a misunderstanding on the differences between digitization and digitalization of project control system (PCS) functions on construction...
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Digitalizing the Issued for Construction (IFC) Contract Documents as per the FIDIC Contract Agreement for Capital Construction Projects
Tony
The Issued for Construction (IFC) drawings are sets of detailed design drawings prepared by the Design Consultant and are an...
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Why Have a Real-Time Cost Ledger for Capital Construction Projects
Tony
By definition, a cost ledger is one of the books of account in a cost system to which entries are...
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How Can a Project Management Information System Support the Building of the Perfect Project Control Organization for Capital Construction Projects?
Tony
The paper titled “Skills and Knowledge Requirement for Project Control Professionals” by Allan Crow, Vincent Sovis and Harish Chopra provides...
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Evaluating and Shortlisting Capital Investment Opportunities Using Profit Investment Ratio (PIR) and Risk Exposure Measures
Tony
When it comes to evaluating and shortlisting capital investment opportunities, an organization needs to consider selecting and investing in them...
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Adopting a Paperless Strategy for Document Attachments on Everyday Communication Records on Capital Construction Projects
Tony
One of the common requirements on all capital construction projects is that most project related communications, require attaching different types...
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Why Real Estate Developers and Investors Should Have a Comprehensive Cost Breakdown Structure (CBS) that Maps the Complete Project Life Cycle Costs and Revenues for Their Real Estate Investment Projects
Tony
For real estate developers and investors including special purpose vehicles (SPV) created for Public-Private-Partnership (PPP) projects, the cost of delivering...
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Can the Tedious Accruals Estimate Requirement be Eliminated by Implementing a Project Management Information System?
Tony
One of the major challenges that face organizations that are involved in capital construction projects delivery is determining the actual...
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Visualizing, Analyzing, and Investigating Building Information Modeling (BIM) Enabled Connected Cost
Tony
Having a single version of the true financial performance reporting is one of the important if not the most important...
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Visualizing, Analyzing and Investigating Building Information Modeling (BIM) Enabled Cost Estimates
Tony
The growing adoption of Building Information Modeling (BIM) has helped users take advantage of the different data types captured in...
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Why Public Sector and Publicly Listed Entities Need to Implement Proactive Internal Audit for Their Capital Construction Projects
Tony
Many project owners and in particular those from the public sector or publicly listed companies have the requirement to conduct...
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Why Most Updated Schedules for Capital Construction Projects Might Not Be That Perfect
Tony
One of the great challenges on capital construction projects is how frequently the project schedule needs to be updated. The...
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Cost Breakdown Structure (CBS) for Capital Construction Project Revenues
Tony
For most of those involved in delivering capital construction projects, the cost breakdown structure (CBS) or cost accounts mainly focus...
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Contractual Obligations and Implications Under the FIDIC Contract Form of Agreement for Sub-Clause 4.21 Monthly Progress Report on Capital Construction Projects
Tony
FIDIC sub-clause 4.21 requires the contractor to prepare monthly progress reports, the first of which shall cover the period up...
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Work and Cost Breakdown Structures Based Monitoring, Evaluating and Reporting of Cost Performance on Capital Construction Projects
Tony
Project owners involved in delivering capital construction projects always have the requirement to monitor, evaluate and report project cost performance...
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Monitoring, Evaluating and Reporting Strategy Performance Outcomes in Project Centric Organizations
Tony
One of the key challenges that face project-centric or project-driven organizations and in particular those in the public sector is...
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