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Identifying, Managing, Monitoring and Reporting on Capital Projects’ Stakeholders

Capital projects’ stakeholders are those with interest in the project’s outcome. They are typically the project team members, project managers, executives, project sponsors, customers, and users. Capital projects’ stakeholders are invested in the project and who will be affected by your project at any point along the way. And their Read more…

By PMWeb, ago

Why Having a Business Case for Your Capital Project is a Must and Not a Choice?

Today and more than ever, organizations require the submission and approval for a business case before a project can be approved for execution. A proper business case should ensure that the project aligns with the organization’s strategic objectives, ensures financial viability in terms of benefits and costs, tangible and intangible, Read more…

By PMWeb, ago

Reversing the 80-20 rule in Monitoring, Evaluating and Reporting Capital Projects’ Status and Performance

It is a must requirement for every capital project, regardless of its size, type, or location, to have a periodical progress report to monitor, evaluate, and report its status and performance. The progress report usually has a dashboard format. It will include a summary of the project’s schedule, cost, quality, Read more…

By PMWeb, ago