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Are You Using the Wrong Actual Cost (AC) Value for Earned Value Management (EVM) Reporting on Capital Construction Projects?
Tony
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
Tony
When it comes to executing capital construction projects, the monthly contractor performance evaluation report is one of the important communications...
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Getting Senior Executive Stakeholders to Become More Engaged in Real Estate Development Projects
Tony
No one can deny that getting the support of senior executive stakeholders for a real estate development project has a...
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How to Have a Reliable and Traceable Estimated Labor Resources Cost at Completion on Capital Construction Projects
Tony
For most capital construction projects, the labor planning and efficiency reporting mainly focuses on the planned, earned, actually spent, estimate...
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Monitoring, Evaluating and Reporting the Performance of Linear Capital Construction Projects for Executive Stakeholders
Tony
For executive stakeholders of entities involved in delivering linear capital construction projects, they are always keen to have a single-page...
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Improving the Monitoring, Evaluating and Reporting the Performance of Long Lead Procurement Items on Capital Construction Projects
Tony
For capital construction projects, long lead items are those construction components that will require a long time to obtain. In...
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The Emerging Role of Digital Reporting Engineers on Capital Construction Projects
Tony
The growing adoption of Project Management Information Systems (PMIS) like PMWeb in managing the massive volume of the daily transactions...
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How Can Capital Construction Project Owners Use the Correlation Algorithm to Have a More Meaningful Contractors’ Performance Profile?
Tony
One of the common business processes for any capital construction projects owners is the registration and qualification of contractors who...
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How can Project Owners Better Visualize and Search for Turned Over Records and Documents at Completion for their Capital Construction Projects Portfolio?
Tony
One of the key requirements for capital construction projects is the archiving, turning over, and storing of project records and...
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Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?
Tony
The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually,...
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Why Digitizing Business Processes is a Must to Stop Faking Collaboration on Capital Construction Projects
Tony
Collaboration is becoming a requirement for the successful management of capital construction projects. Project participants are realizing that sharing of...
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Capturing Details of Objective Scoring and Subjective Rating for Documenting Critical Decisions on Capital Construction Projects
Tony
For those involved in delivering capital construction projects, there are a few critical decisions that the basis for why they...
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Can Having Well-Thought-Of Output Forms for Formally Communicated Transactions Help in Preventing Fraud on Capital Construction Projects?
Tony
For most capital project owners in the public and private sector, ensuring that the right policies and procedures are implemented...
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Blog Cost Management Costs Digital Transformation Forms Portfolio Risk Issue Management Tools Workflow
Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects
Tony
The main objective of using Machine Learning (ML) and Artificial Intelligence (AI) on capital construction projects is to enable stakeholders...
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Blog Cost Management Costs Digital Transformation Forms Portfolio Risk Issue Management Tools Workflow
Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects
Tony
The main objective of using Machine Learning (ML) and Artificial Intelligence (AI) on capital construction projects is to enable stakeholders...
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What Historical Data is Needed to Train Your Machine to Better Predict Cost Overruns and Schedule Delays on Capital Construction Projects?
Tony
The demand of predicting future results based on current performance and actions has been always a requirement when it comes...
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Blog Contract Management Costs Earned Value Management Forms Performance Reporting Portfolio Workflow
Earned Value Management (EVM) to Report Performance When the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price on Capital Construction Projects is Adopted
Tony
PMWeb Project Management Information System (PMIS) requisition module will be used to capture the details of all interim payment certificates...
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How to Enforce the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price on Capital Construction Projects
Tony
For an EPC contractor, general contractor, subcontractor and other types of vendors who have been awarded lump-sum turnkey (LSTK) contracts,...
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Is There a Way to Improve the Quality of “Gut Instinct” Decisions Made by Stakeholders on Capital Construction Projects?
Tony
Gut instinct is an instinctive feeling, as opposed to an opinion or idea based on facts. Gut instinct is also...
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Managing, Monitoring, Evaluating and Reporting Performance of Energy Saving Proposals for Capital Improvement Projects
Tony
One of the growing trends among capital project owners is to undertake capital improvement projects that would result in energy...
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