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Using Stage Gates to Enforce Project Governance while Communicating a Real-Time Single Version of the Truth Performance Status of Capital Construction Projects for Real Estate Development Directors, Managers, Investors and Other Executive Stakeholders

Capital construction projects are generally high-risk investments given the significant amounts of cash, complexity, stakeholders with conflicting interests, rules, and regulations to comply with, and duration that they span for. As a result of these challenges, project-level risks can easily become enterprise-level risks. The Project Management Institute (PMI) Pulse of Read more…

By PMWeb, ago

Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery? – Part 6: Performance Dashboards

In addition to the project’s performance and status reporting that will be required by the project owner on capital construction projects, the JV Contractor needs to create their own performance dashboards for the executive directors and leaders of the entities that are part of the joint venture contract. Those executives Read more…

By PMWeb, ago

Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 5: Enforcing Accountability

To enforce accountability on the hundreds of business processes that the JV Contractor needs to manage for delivering the capital construction project. Those processes are needed to manage the project’s schedule, cost, quality, resources, communications, risks, procurement, contracts, health, and safety, claims among many others. Usually, a JV Contractor will Read more…

By PMWeb, ago