Cost Management Archives - Page 12 of 28

Blog Building Information Models (BIM) Cost Management Forms Portfolio Project Management Office (PMO)

Project Control System (PCS) on Building Information Modeling (BIM) Enabled Projects

For projects where Building Information Modeling (BIM) is used by the contractor for developing the shop drawings (LOD 400) based on the issued for construction (IFC) documents (LOD 350) and later the as-built documents (LOD 500), associating the BIM model objects with the project WBS levels and activities will be Read more…

By Tony, 2 yearsAugust 31, 2022 ago

Blog Commercial Cost Management Forms Performance Reporting Tools Workflow

Why Have a Real-Time Cost Ledger for Capital Construction Projects

By definition, a cost ledger is one of the books of account in a cost system to which entries are posted from books of original entry, the various accounts therein showing the accumulated costs classified by order, process, type of expense, and department. When it comes to managing the delivery Read more…

By Tony, 2 yearsAugust 24, 2022 ago

Blog Cost Management

How Can Project Owners Accurately Estimate, Monitor, Evaluate and Report Their Organization’s Allocated Costs to the Project Capital Construction Projects Delivery?

Project owners who are actively involved in delivering their capital construction projects portfolio understand that their own organization costs allocated to those projects can be very high when compared against the overall budget cost of those projects. Those would include the direct cost of the professional resources assigned to project Read more…

By Tony, 2 yearsAugust 15, 2022 ago

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