The Need for Having Standard Best Practices Checklists to Identify the Risks Needed to Assess the Bankability of Capital Projects

A bankable project is a project that has sufficient collateral, future cash flow, and a high probability of success, to be acceptable to lenders for financing. In simple phrases, a capital project is considered bankable if lenders are willing to finance it. The bankability of capital projects requires identifying potential Read more…

Formalizing the Reporting of the Monthly Capital Project Performance Status

The article “Traffic Light Performance Reporting for Capital Projects” detailed how PMWeb can report on six key performance indicators (KPIs) to assess the seventh KPI: the overall Project Performance Index (PPI). The six KPIs are the lost time injury frequency rates (LTIFR), budget performance index (BPI), cost predictability index, project Read more…

How Can Project Management Information Systems Stop Bullying on Construction Projects?

Those who are involved in delivering construction projects can often report the many bullying incidents that have either taken place between the project owner and his authorized representatives from one side and the contractor from the other side as well as the bullying incidents between the contractor and his subcontractors. Read more…