Ensuring the Timely Report Distribution to Project Stakeholders
One of the key requirements for any project, including capital construction projects, is the time distribution of performance and status...
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How to Use Procurement to Enable Agile Digital Transformation of Procurement and Contract Management in Organizations
Although a Project Management Information System (PMIS) like PMWeb mainly manages the delivery of capital construction projects, nevertheless, organizations can...
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Create and Maintain a Cost Database Using the Unit Price Rates of their Awarded Lump Sum Contracts
Unlike contractors who need to have a detailed estimate for the cost of labor and equipment resources, material, subcontract items...
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Why Project Owners Should Disallow Unbalanced Bids on Their Capital Construction Projects
Unbalanced bidding is a serious problem for capital project owners because it may increase the risk of construction cost overrun...
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Prevent Material Waste on Construction Sites
One of the major dilemmas that face contractors on construction sites is how to reduce material waste such as steel...
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Will Financial Regulators Enforce Contractors to Use Technology When It Comes to Reporting Their Financial Performance on Construction Projects?
For the majority of contractors, the technology that relates to project management and tracking financial performance is considered an expense...
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Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report
Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that...
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The Great Benefits of e-Procurement in Engineering and Construction Projects During the COVID-19 Pandemic Era and Beyond
One of the common practices in capital projects is outsourcing part of the project’s scope of work to third-party entities...
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How a Project Management Information System Helps PMOs Jump Stat the Implementation of the PMI PMBOK® Processes
Regardless of the projects’ types that an organization could be involved in delivering, the Project Management Office (PMO) at those...
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How Master Real Estate Developers Use Advanced Work Packaging to Ensure Successful Program Delivery
There is a growing trend among countries and local government authorities to provide the private sector with long-term concessions to...
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Auditing the Process for Selecting the Design Consultant on Capital Projects Delivery
One of the standard practices for capital project owners in public and private sectors is outsourcing the design development scope...
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Digitize AWP Process in EPC Projects: Cost Performance Indices for Construction Work Packages (CWP)
In addition to the many templates, presentations, flowcharts, checklists, among others that were developed by the Construction Owners Associate of...
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How Can We Give the Engineering and Construction Industry the Transparency It Deserves?
No one can deny that the Engineering and Construction industry, particularly in the Middle East regions, lacks the transparency and...
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How Can Property Owners Have a Single Version of the Truth When Monitoring, Evaluating and Reporting Performance Status of Facilities and Assets Maintenance Contracts?
Property owners might have different strategies for outsourcing their facilities and assets maintenance contracts and their total asset refurbishment and...
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How Can Online Bidding Help in Supporting Lean Construction Management Best Practices by Reducing Wasted Effort and Paperwork?
One of the standard practices in capital projects is outsourcing part of the project’s work scope to third-party entities who...
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The Need to Have a Comprehensive Progressively Elaborated Work Breakdown Structure (WBS) in Managing Capital Projects
Those involved in delivering capital projects understand the importance of having a work breakdown structure (WBS) that can be progressively...
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Creating the Capital Project Integrated Cost Plan that Can Progressively Elaborated During the Project Life Cycle Phases
The Cost Plan is the outline of the estimated project cost for the required resources to complete all project activities....
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Why Capital Project Cost Estimate and Project Budget Should Marry
No one can deny that delivering a capital project within the approved budget is one of the must objectives if...
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How Can a Project Management Information System Help in Having a Claim-Ready Construction Project?
Nowadays, one would rarely have a construction project that would not have the high likelihood of having construction claims. Whether...
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How to Use Project Management Information System to Calculate Project Cost Performance Indices
For capital projects owners, there are two key performance indices that are widely used when it comes to reporting the...
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