Owners of capital construction projects always have the nightmare of cost overrun and overestimated benefits. Those two performance measures have a direct impact on the return on investment and viability of a capital project. The two performance factors are the basis for categorizing a capital project as a success or Read more…
One of the growing requirements for financial institutions that provide finance for capital projects is to have a periodical valuation of the capital asset being built and for which project finance is provided for. Capital asset valuation is the process of determining the fair market of the present value of Read more…
One of the main objectives of using Project Management Information Systems (PMIS) like PMWeb is to automate the submit, review and approval steps associated with the workflows assigned to the different project management processes. When a workflow is created, each step assigned to a project team member would have a Read more…
