Developing the Common Data Visualization and Business Intelligence Environment for Capital Construction Projects

Developing the Common Data Visualization and Business Intelligence Environment for Capital Construction Projects

For many of those involved in construction projects having a “Common Data Environment (CDE)” is becoming a requirement. By definition,...
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Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?

Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?

Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the...
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Enabling Real-Time Correlation Between Daily Project Events and Actual Productivity Rates of Work Trades on Construction Projects

Enabling Real-Time Correlation Between Daily Project Events and Actual Productivity Rates of Work Trades on Construction Projects

One of the key challenges that face entities that are involved in delivering construction projects is how to have a...
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Using Technology to Protect Project Owners from the Consequences of the Poorly Written or Managed Construction Project Specifications

Using Technology to Protect Project Owners from the Consequences of the Poorly Written or Managed Construction Project Specifications

Specifications are one of the basic components that make up the contract agreement between the Project Owner and the Contractor....
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Using Project Management Information Systems to Improve the Management of Capital Projects Adopting Offsite Manufacturing

Using Project Management Information Systems to Improve the Management of Capital Projects Adopting Offsite Manufacturing

The COVID-19 pandemic has increased the interest in adopting offsite manufacturing on capital projects, sometimes called Design for Manufacture and...
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The Dangers of Dirty Data and their Drastic Consequences on Capital Project Investments

The Dangers of Dirty Data and their Drastic Consequences on Capital Project Investments

One must admit that the COVID-19 pandemic lockdown has allowed many of us to attend events that usually we could...
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Using Earned Value Management (EVM) Measures to Monitor, Evaluate and Report the Zero-Budget Variance Goal for Public Sector Capital Projects Delivery

Using Earned Value Management (EVM) Measures to Monitor, Evaluate and Report the Zero-Budget Variance Goal for Public Sector Capital Projects Delivery

Municipalities, public works departments, utilities, and other public sector entities across the globe are planning to release many capital projects...
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The Need for Faster Insights to Make Better Informed Decisions on Your Capital Projects’ Portfolio

The Need for Faster Insights to Make Better Informed Decisions on Your Capital Projects’ Portfolio

One of the key challenges in delivering capital projects’ portfolio is the uniqueness that each project could have. Within the...
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Enforcing Effective Monitoring and Tracking for the Fulfillment of Obligations of Contract Agreements’ on Capital Projects Delivery

Enforcing Effective Monitoring and Tracking for the Fulfillment of Obligations of Contract Agreements’ on Capital Projects Delivery

One of the key characteristics of capital projects delivery, is that outsourcing parts of or the complete project’s scope of...
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The Growing Use of Time-Lapse Cameras for Documenting, Monitoring, Evaluating and Reporting Construction Projects Performance

The Growing Use of Time-Lapse Cameras for Documenting, Monitoring, Evaluating and Reporting Construction Projects Performance

It has been always said “a Picture’s Worth a Thousand Words”, so how many words is it worth when real-time...
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Why Project Owners Should Make Timely Payments of Contractors’ Interim Payment Certificates

Why Project Owners Should Make Timely Payments of Contractors’ Interim Payment Certificates

No one can argue the many benefits of making timely payment of contractors’ interim payment certificates on the delivery of...
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Ensuring GDPR Compliance for the Project Management Information System Selected to Manage Your Construction Project Delivery

Ensuring GDPR Compliance for the Project Management Information System Selected to Manage Your Construction Project Delivery

The GDPR (General Data Protection Regulation) as well as other similar regulations which came into force both in European Union,...
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How Can Technology Improve the Monitoring and Reporting of the Delivery, Storage, and Release of Equipment and Materials to Construction Sites?

How Can Technology Improve the Monitoring and Reporting of the Delivery, Storage, and Release of Equipment and Materials to Construction Sites?

One of the key requirements that need to be managed, monitored, and reported on construction projects is the delivery, storage,...
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Why Technology Should be a Core Requirement on Your Construction Projects?

Why Technology Should be a Core Requirement on Your Construction Projects?

In a recent interview with one of the very successful business leaders in our region, it was mentioned that the...
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Using Earned Value Method to Objectively Monitor, Evaluate, Report and Forecast the Performance of Investment Revenue Earnings

Using Earned Value Method to Objectively Monitor, Evaluate, Report and Forecast the Performance of Investment Revenue Earnings

The capital investment revenue projects are the projects managed by the sales team to generate the anticipated revenue of the...
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How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?

How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?

It is critical for entities who have selected to invest in capital projects, especially after the COVID-19 pandemic, to understand...
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Using Cost Estimate Checklists to Ensure the Quality of the Estimated Capital Project Cost During the Engineering Design Phases

Using Cost Estimate Checklists to Ensure the Quality of the Estimated Capital Project Cost During the Engineering Design Phases

The Project Management Institute (PMI) Project Management Body of Knowledge (PMBOK®) defines cost estimate as the process of developing an...
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Are you Ahead, Within or Behind the Curve When it Comes to Monitoring, Controlling, and Reporting Your Construction Projects’ Performance

Are you Ahead, Within or Behind the Curve When it Comes to Monitoring, Controlling, and Reporting Your Construction Projects’ Performance

One would rarely find a construction project that does not have individuals who are assigned the responsibility of performing the...
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Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report

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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Ensuring Transparency for Monitoring, Evaluating and Reporting the Funding of Capital Projects Troubled by the Coronavirus Pandemic

Ensuring Transparency for Monitoring, Evaluating and Reporting the Funding of Capital Projects Troubled by the Coronavirus Pandemic

Governments across the globe have already trillions of dollars in financial aid to be provided to organizations who have been...
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