The Great Value of Correlation Analysis in Identifying Relationships Between Different Business Processes on Capital Construction Projects

Those who are involved in delivering capital construction projects, know that there are some kinds of relationships between the different business processes required to manage the delivery of those projects. The relationships between the different business processes are important as it helps project stakeholder to predict future outcomes based on Read more…

How Can Capital Construction Project Owners Use the Correlation Algorithm to Have a More Meaningful Contractors’ Performance Profile?

One of the common business processes for any capital construction projects owners is the registration and qualification of contractors who could be invited to bid on their released bid packages and be awarded construction contracts and purchase orders if their proposals are selected. The prequalification process requires each contractor to Read more…

How to Have a Single Version of the Truth Cost Performance Status Report When Managing the Contractor’s Contract Price on Capital Construction Projects

The fourth and last article that relates to “How to Enforce the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price on Capital Construction Projects?”, will address how to how a single version of the truth cost performance status report of the contract agreement between the Project Read more…