Cost Management

How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Remaining Budget and Contract Management Processes on Capital Construction Projects

The last two articles on having an agile solution to monitor, evaluate and report the status of budget and contract management processes on capital construction projects, had shown a Project Management Information System (PMIS) solution like PMWeb is used to fulfill this requirement. The two articles have detailed the forms Read more…

By Tony, ago

How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Budget on Capital Construction Projects

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

By Tony, ago

How Can Capital Project Owners Monitor, Evaluate and Report on Accrual Expenses and Revenues on Their Projects?

Accruals are a form of accounting practice that can help to provide a more accurate representation of the economic condition of a project at the end of an accounting period. The purpose of monthly accrual is to record incurred expenses within the proper accounting period and to match expenses with Read more…

By PMWeb, ago