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Tracking Actual Spent Resource Hours Construction Sites at the Project Activity Level While Complying with Project’s Formal Communication Requirements
One of the key challenges that face project planners is how to track and report the actually spent labor and...
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How Can You Stop Wasting and Instead Create Value with the Massive Priceless Information Captured in Meeting Minutes During the Capital Project Life Cycle Phases?
You will never find a single capital project, regardless of its size, type, location, or duration that does not require...
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Setting the Project Control System (PCS) Narrative Management: Key Performance Indicators
Regardless of whether the Project Control System (PCS) was managed by the project owner or contractor, reporting the project’s performance using...
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Setting the Project Control System (PCS) Narrative Management
The project control system (PCS for a construction project, regardless of whether it was managed by the project owner or contractor,...
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Setting the Project Control System (PCS) Cost Management Module: Managing the Project Commitments
Commitments are the contract agreements for which the actual cost for delivering the project’s scope of work is per the...
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Blog Contract Management Cost Management Multilingual Multi-currency Plans Portfolio Resource Management Schedules
Setting the Project Control System (PCS) Cost Management Module: Definite Cost Estimate
The third Project Control System (PCS) module needed for construction projects is the cost management module. In doing so, it...
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Creating the Project Directory in the Project Control System (PCS)
The project’s responsibility assignment matrix (RAM) provides details of the entities and individuals involved in delivering the project. In addition,...
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Launching a Project in the Project Control System (PCS)
All projects that need to be managed in the Project Control System (PCS) must be added to the PCS applications,...
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The Project Control System (PCS) Applications
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
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
There is always a misunderstanding on the differences between digitization and digitalization of project control system (PCS) functions on construction...
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Why Contractors Should Give Great Care in Estimating, Monitoring, Evaluating, and Reporting Preliminaries on Capital Construction Projects
One of the common line items of every single capital construction project’s bill of quantity or schedule of values is...
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Evaluating and Shortlisting Capital Investment Opportunities Using Profit Investment Ratio (PIR) and Risk Exposure Measures
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
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
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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Monitoring, Evaluating and Reporting Strategy Performance Outcomes in Project Centric Organizations
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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Why Project Owners Should Enforce a Rigorous Work Inspection Request (WIR) Business Process on their Capital Construction Projects
For all capital construction project owners, having their completed facilities running without defects or issues is what matters most for...
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How to Improve the Monitoring, Evaluating and Reporting Progress Information of Work Tasks in Fit-out and Refurbishment Projects
Fit-out and refurbishment projects are in growing demand not only to address the branding and image requirements of an organization...
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Are You Using the Wrong Actual Cost (AC) Value for Earned Value Management (EVM) Reporting on Capital Construction Projects?
For those involved in capital construction projects whether those projects were Engineering-Procurement-Construction (EPC), Design-Build (DB), Design-Bid-Build (DBB), Build-Operate-Transfer (BOT), Public-Private...
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How to Provide Senior Executives with a 360-Degree Contractor Performance Evaluation Report on Their Capital Construction Projects
When it comes to executing capital construction projects, the monthly contractor performance evaluation report is one of the important communications...
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