How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Procurement of Contracts on Capital Construction Projects

For those responsible for monitoring, evaluating, and reporting the status of the cost of a capital construction project, there will be several business processes that need to be managed. Those are the processes for a cost estimate, budget, budget adjustments and transfers, contracts, potential contract changes, contract change orders, interim Read more…

How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Cost Estimates on Capital Construction Projects

To have a realistic budget for a capital construction project that an organization can commit to, the organization needs to have an accurate and comprehensive cost estimate for the project’s scope of work. It is the top priority for those responsible for monitoring, evaluating, and reporting the status of the Read more…

How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Revenue Contracts on Capital Construction Projects

On capital construction projects, if cost management was done from the contractor’s perspective, revenue contracts are the contracts between the contractor and the project owner. On the other hand, if cost management was done from the project owner perspective, then the revenue contracts are the contracts between the project owner Read more…