The construction industry is one of the industries that continue to suffer from the high cost of fraud. By definition, fraud is an intentionally deceptive action designed to provide the perpetrator with an unlawful gain or to deny a right to a victim. Types of fraud in the construction industry Read more…
I remember those days in the early 1990’s when I used to prepare the project’s performance reports using MS Excel and print on transparent pages so I can present the performance reports using the overhead projector to executive project stakeholders. The histograms, pie charts, and other visuals were very much Read more…
Unlike contractors who need to have a detailed estimate for the cost of labor and equipment resources, material, subcontract items and other type of project expenses, also known as the project’s input, to come with the cost estimate for a capital construction project, project owners are mainly interested in the Read more…
