Contract Management

For those responsible for monitoring, evaluating, and reporting the status of the cost of a capital construction project, there will be several business processes that need to be managed. Those are the processes for a cost estimate, budget, budget adjustments and transfers, contracts, potential contract changes, contract change orders, interim Read more…

On capital construction projects, if cost management was done from the contractor’s perspective, revenue contracts are the contracts between the contractor and the project owner. On the other hand, if cost management was done from the project owner perspective, then the revenue contracts are the contracts between the project owner Read more…

For those responsible for monitoring, evaluating, and reporting the status of awarded contracts on capital construction projects, their top priority is how to have a trust-worthy real-time single version of the truth reports that fulfill this need without the need to wait for months to get what is needed. They Read more…