Contract Management

How a PMIS Helps the Adoption of FIDIC Compliant Project Management and Contract Management Processes

There is a growing trend among international funding agencies like the Asian Infrastructure Investment Bank (AIIB), Asian Development Bank (ADB), World Bank, Islamic Development Bank (IDB), Inter-American Development Bank, Caribbean Development Bank, and the European Bank for Reconstruction and Development (EBRD) to use the FIDIC (Fédération Internationale Des Ingénieurs-Conseils) forms Read more…

By PMWeb, ago

Analyzing the Prequalification Scoring for Potential Consultants and Contractors

For capital project owners, outsourcing the project’s scope of work to qualified engineering consultants and contractors is one of the common practices in this industry. Ensuring that there is a formal process for prequalifying engineering consultants and contractors before they are invited to bid is crucial to reduce the risk Read more…

By PMWeb, ago
PMWeb 7 EPC Project Procurement Status Report

The Earned Performance for Procurement Activities on EPC and LSTK Contracts

In our last article titled “The Earned Performance for Engineering and Procurement Deliverables on EPC and LSTK Contracts”, the level of the reported earned performance was set at the deliverable groups for each work package. The question is that can the same PMWeb Project Management Information System (PMIS) platform be Read more…

By PMWeb, ago