Performance Certificate is the certificate issued under sub-clause 11.9 of the FIDIC contract to constitute acceptance of the Works by the Engineer. This will enable the Contractor to submit to the Engineer within 56 days a draft final statement with supporting documents. When the Engineer verifies the statement, the Contractor Read more…
Having a reliable, accurate and current cost database is a must requirement for having an accurate project cost estimate which is the basis for setting the project budget, preparing the project feasibility study, securing needed project funding, and assessing procured commitment contracts. Unlike the detailed cost database used by contractors, Read more…
For project-centric organizations, there is always an ongoing demand for new project ideas, known as initiatives, to achieve the organization’s strategic objectives. Different business units request those initiatives to identify what investments they need to achieve the strategic initiatives to be undertaken by the organization. Those requested initiatives, if approved, Read more…
