Costs

Getting Senior Executive Stakeholders to Become More Engaged in Real Estate Development Projects

No one can deny that getting the support of senior executive stakeholders for a real estate development project has a direct impact on the project’s success or failure if this support did exist. Those senior executive stakeholders usually have the power to influence the project and the parties involved in Read more…

By Tony, ago

Improving the Monitoring, Evaluating and Reporting the Performance of Long Lead Procurement Items on Capital Construction Projects

For capital construction projects, long lead items are those construction components that will require a long time to obtain. In many cases, the long lead items will require the approval of shop drawings, or formal submittal approval, prior to ordering. The procurement of those long items can often have a Read more…

By Tony, ago

Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?

The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually, there are more chances to commit fraud on a project than operational frauds where usually corporate policies and procedures are well enforced and internal or external audit is an ongoing Read more…

By Tony, ago