Are You Using the Wrong Actual Cost (AC) Value for Earned Value Management (EVM) Reporting on Capital Construction Projects?

For those involved in capital construction projects whether those projects were Engineering-Procurement-Construction (EPC), Design-Build (DB), Design-Bid-Build (DBB), Build-Operate-Transfer (BOT), Public-Private Partnership (PPP), or any other project delivery method, determining the Actual Cost (AC) value to be used in calculating the Earned Value Management (EVM) key performance indicators are always a Read more…

Earned Value Management (EVM) to Report Performance When the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price on Capital Construction Projects is Adopted

PMWeb Project Management Information System (PMIS) requisition module will be used to capture the details of all interim payment certificates issued by the contractor and approved by the project owner. This value is also known as the Earned Value (EV) which will be used in Earned Value Method (EVM) reporting. Read more…

Using Earned Value Method (EVM) to Monitor, Evaluate and Report on the Performance of Your Real Estate Property Gross Development Value (GDV)

Gross Development Value (GDV) is one of the most important performance metrics that all real estate investors and property developers closely monitor and evaluate when building their project assets. The gross development value of a property investment project gives a near accurate figure of what that property or real estate Read more…