Performance Reporting

Managing, Monitoring, Evaluating, and Reporting on the Funding Limit Reconciliation for Capital Construction Projects

Funding Limit Reconciliation for capital construction projects is the process of comparing the planned expenditure of project funds against any limits on the commitment of funds for the project to identify any variances between the funding limits and the planned expenditures (Project Management Institute, A Guide to the Project Management Read more…

By Tony, ago

Monitoring, Evaluating, and Reporting on the Performance Factor Indices (PFI) for Earned Value Management (EVM) on Capital Construction Projects

For some of those who are involved in the Earned Value Management (EVM) reporting on capital construction projects, continue to use different factors to adjust the calculated Estimate to Complete (ETC) for the remaining scope of work for each work package. Those factors known as the Performance Factor Index (PFI) Read more…

By Tony, ago

How Can Data Granularity Help in Getting the Best Out of Intuition and Data-Driven Decision-Making on Capital Construction Projects? 

For many experienced stakeholders, intuition can provide a spark that starts the need to make a decision. Nevertheless, it’s only through trustworthy, valid, and real-time granular data that a stakeholder can verify, understand, and quantify the possible outcomes of the decision to be made. Data granularity is the level of Read more…

By Tony, ago