One of the major dilemmas that face contractors on construction sites is how to reduce material waste such as steel reinforcement, cement, blocks, premix mortar, ceramic tiles, pipes and wires, and wood panels damaged or unused for various reasons during construction. It is estimated that this can be as high Read more…
One of the key reporting requirements by executive stakeholders is to visualize the source of reported financial data on capital construction projects. Whether this information was related to the project budget and its planned spending, awarded contracts, earned payments, actual cost, estimate to complete remaining scope of work, estimate at Read more…
Whether we like it or not, managing, monitoring, evaluating, and reporting the budget performance for capital construction projects takes priority over the other aspects of project management including but not limited to schedule, quality, health and safety, and risk among others. What makes managing the budget for capital construction projects Read more…
