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The Need to Have a Comprehensive Progressively Elaborated Work Breakdown Structure (WBS) in Managing Capital Projects

Those involved in delivering capital projects understand the importance of having a work breakdown structure (WBS) that can be progressively elaborated as the project’s scope of work gets developed and defined during the concept, schematic, design development, and construction documents phases of the project life cycle. The work breakdown structure Read more…

By PMWeb, ago

Managing, Monitoring, Evaluating and Reporting Claim Submissions on Construction Projects

Construction claims in capital projects are on the rise and they need to be managed like the many other project management processes. Project owners need to have a formal and documented process for managing, monitoring, evaluating and reporting on the status of all claim submissions made by contractors. Project Management Read more…

By PMWeb, ago

Traffic Light Performance Reporting for Capital Projects

Capital project owners need to have an objective approach for monitoring, evaluating, and reporting their projects’ portfolio performance. Those project owners want to monitor, assess and report each project’s performance trend and benchmark their performance with good achievement metrics. Those project owners want this performance information to be available for Read more…

By PMWeb, ago