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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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Getting Senior Executive Stakeholders to Become More Engaged in Real Estate Development Projects
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
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
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
For capital construction projects, long lead items are those construction components that will require a long time to obtain. In...
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Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?
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
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
For those involved in delivering capital construction projects, there are a few critical decisions that the basis for why they...
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Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects
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
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?
The demand of predicting future results based on current performance and actions has been always a requirement when it comes...
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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
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?
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
One of the growing trends among capital project owners is to undertake capital improvement projects that would result in energy...
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Using Kanban Activity Boards to Create the “Questions Wall” for Critical Questions Raised by Executive Stakeholders on Capital Construction Projects
Executive stakeholders at organizations that are involved in delivering capital construction projects always need to get correct and timely answers...
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Ensuring a Comprehensive Inspection of Equipment and Tools Deployed on Construction Project Sites
Regardless of the type, size, or location of a construction project site, there will be always many equipment or tools...
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How Can a Project Management Information System (PMIS) Allow Document Controllers to do More for Less on Capital Construction Projects?
Document controllers are one of the key positions that will always exist when it comes to delivering capital construction projects....
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How to Implement a Lean Claim Notice Business Process on Capital Construction Projects
Whether we like it or not, claims will always happen on capital construction projects. Therefore, claim notices, claim events or...
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How to Ensure a Comprehensive Claim Submission or Response on Capital Construction Projects
Whether you are submitting or responding to a claim submission on capital construction projects, you need to have a checklist...
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