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

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

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 Capture All Changes and Their Impact When Managing the Contractor’s Contract Price on Capital Construction Projects

How to Capture All Changes and Their Impact When Managing the Contractor’s Contract Price on Capital Construction Projects

In our last article “How to Enforce the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price...
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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

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?

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

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

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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Can Machine Learning be Used to Improve the Inspection, Verification, and Acceptance of Completed Work in Place on Capital Construction Projects?

Can Machine Learning be Used to Improve the Inspection, Verification, and Acceptance of Completed Work in Place on Capital Construction Projects?

One of the key challenges that have always faced the capital construction industry is the talent drain. Many of the...
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Why It is so Critical to Manage Formal and Ad-Hoc Email Communications on Capital Construction Projects

Why It is so Critical to Manage Formal and Ad-Hoc Email Communications on Capital Construction Projects

Regardless of the extent of digital transformation that is being implemented and adopted on a capital construction project, individuals will...
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Monitoring, Evaluating and Reporting the Value of Capital Construction Projects Using the Earned Value Management (EVM) Method

Monitoring, Evaluating and Reporting the Value of Capital Construction Projects Using the Earned Value Management (EVM) Method

Monitoring, evaluating, and reporting the performance of schedule, cost and quality will always be a core requirement when it comes...
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Avoiding the Misuse of Budget Contingency Reserve on Capital Construction Projects by Enforcing the Best Practices of Transparency and Accountability While Unlocking Trapped Budget Reserve

Avoiding the Misuse of Budget Contingency Reserve on Capital Construction Projects by Enforcing the Best Practices of Transparency and Accountability While Unlocking Trapped Budget Reserve

Every capital construction project has risks that may affect the cost, schedule, or quality of the completed work. The likelihood...
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Can Machine Learning Help Project Executives to Focus and Prioritize Actions on the Most Urgent Communications, Tasks, and Events on Capital Construction Projects?

Can Machine Learning Help Project Executives to Focus and Prioritize Actions on the Most Urgent Communications, Tasks, and Events on Capital Construction Projects?

There are many definitions for Machine Learning, nevertheless, the one from the Western Governors University (WGU) is direct and to...
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Ensuring a Comprehensive Inspection of Equipment and Tools Deployed on Construction Project Sites

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 to Overcome the Issue of Data Availability Lag Time for Decision Makers on Capital Construction Projects

How to Overcome the Issue of Data Availability Lag Time for Decision Makers on Capital Construction Projects

One of the key issues that affect the quality, validity, and effectiveness of decisions made in any industry including the...
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How Can Project Owners have a Real-Time Monitoring, Evaluation, and Reporting of Scope Creep Alert on their Capital Construction Projects?

How Can Project Owners have a Real-Time Monitoring, Evaluation, and Reporting of Scope Creep Alert on their Capital Construction Projects?

For many capital project owners, change orders can be viewed as either constructive or destructive change orders. Constructive change orders...
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How Can a Project Management Information System (PMIS) Allow Document Controllers to do More for Less on Capital Construction Projects?

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

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

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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Using Project Management Information System (PMIS) for Agile Job Costing Implementation on Capital Construction Projects

Using Project Management Information System (PMIS) for Agile Job Costing Implementation on Capital Construction Projects

Job costing is essential to any business's bottom line, but it is especially crucial in the construction industry. Job costing...
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Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 5: Real-Time Single Version of the Truth Performance Reporting

Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 5: Real-Time Single Version of the Truth Performance Reporting

One of the key advantages of using a 100% Web-Enabled Project Management Information System (PMIS) like PMWeb is that it...
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Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 4: Enforce Proactive Risk Management and Effective Issues Resolution

Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 4: Enforce Proactive Risk Management and Effective Issues Resolution

Retail brand's expansion and remodeling projects are no different than other types of projects in terms that they are based...
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