Costs

Calculating, Monitoring, Evaluating and Reporting Project Schedule Performance Index on Capital Construction Projects

The paper written by Bahaa Hussein and Osama Moselhi on “Performance Reporting Using Schedule Compression Index” has detailed a number of performance indicators that can provide a better insight on how a capital construction project is performing for the time or schedule management aspect. Those include the Schedule Performance Index Read more…

By Tony, ago

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

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