Why Real Estate Developers Should Insist on Having the Asset Location Details on Every Business Process Transaction and Document Needed When Managing the Delivery of their Construction Projects
The reason that most real estate developers invest in new capital construction projects or refurbishing existing projects is to either...
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Using Earned Value Management (EVM) for Reporting the Performance of Engineering Deliverables on Engineering-Procurement-Construction (EPC) Projects
The engineering stage of an Engineering-Procurement-Construction (EPC) project is of critical importance for all entities involved in delivering the project....
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Monitoring, Evaluation and Reporting Schedule Milestone Dates on Capital Construction Projects
Regardless of a capital construction project type or size, completing the project in accordance with the set dates to make...
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How Can Capital Project Owners Monitor, Evaluate and Report on Accrual Expenses and Revenues on Their Projects?
Accruals are a form of accounting practice that can help to provide a more accurate representation of the economic condition...
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Capturing and Reporting Construction Material Price Index
Organizations who are involved in delivering capital construction projects always need to know the current material price of key construction...
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Why Having Access to Trustworthy Data is a Must Requirement to Enable Artificial Intelligence on Capital Construction Projects
Intelligence, whether artificial or not, depends on the extent of relevant wisdom available to propose actions or predict future outcomes....
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Why Having Standardized Work, Organization and Cost Breakdown Structures are a Must for Enabling Artificial Intelligence on Capital Construction Projects
Cost breakdown structure (CBS) or control accounts (CA) are critical for establishing the lowest level of detail for which a...
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Why We Need Trustworthy Historical Data to Improve the HSE Risk Assessment and Register Process on Capital Construction Projects
Those who are set accountable for developing and maintaining the Health, Safety, and Environment (HSE) Risk Register need to know...
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Why Defects Liability Period (DLP) Should be One of the Capital Construction Project Life Cycle Stages that Need to be Managed, Monitored, Evaluated and Reported on
The defects liability period (DLP) is the only time a capital project owner can lay claim to any unfinished, defective,...
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Using Stage Gates to Enforce Project Governance while Communicating a Real-Time Single Version of the Truth Performance Status of Capital Construction Projects for Real Estate Development Directors, Managers, Investors and Other Executive Stakeholders
Capital construction projects are generally high-risk investments given the significant amounts of cash, complexity, stakeholders with conflicting interests, rules, and...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery? – Part 6: Performance Dashboards
In addition to the project’s performance and status reporting that will be required by the project owner on capital construction...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 5: Enforcing Accountability
To enforce accountability on the hundreds of business processes that the JV Contractor needs to manage for delivering the capital...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 4: Earned Income, Earned Value and Actual Cost
As the construction contract commences, there will be three important processes that the JV Contractor needs to manage to be...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 3: Change Management
Change management is one of the many critical processes that need to be managed on a capital construction project. For...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 2: Managing Project Documents
Regardless of the document management system (DMS) that the project owner might require the JV Contractor to use on the...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 1: Achieving the 100% Buyout
It is a very common practice among construction contractors to joint venture when it comes to delivering mega-sized projects. Further,...
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Can Public Sector Entities in the Middle East Implement Project Management Best Practices in Delivering Capital Construction Projects?
One of the key challenges that face many public sector entities in the Middle East is the absence of project...
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Improving the Analysis of Workflow Review and Approval Tasks for Documents and Business Processes on Capital Construction Projects
On capital construction projects, one of the key requirements of effective collaboration is to ensure that the documents and business...
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Managing the Initial Acceptance Inspection Process for Handing Over Capital Construction Projects
Before a capital construction project becomes ready to be used or occupied either fully or partially, the completed construction work...
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Visualize Data Captured from Aconex Mail and Documents with PMWeb Business Processes for a 360-Degrees Real-Time Single Version of the Truth Report
One of the facts of capital construction projects is that different software applications will be always used to manage the...
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