Costs

Digital Performance Reporting for Capital Construction Projects

Project owners, contractors, consultants, project management consultants, funding agencies, and other entities that are involved in capital construction project delivery have one common requirement, and that is having access to their projects’ performance status. Regardless of the project type, size, phase, value, or location, those entities need to have a Read more…

By Tony, ago

Managing, Monitoring and Evaluating Value Engineering Change Proposals (VECPs) on Capital Construction Projects

Although the practice that is commonly adopted on capital construction projects is to have value engineering during the design development phases, nevertheless there is a growing interest among project owners to encourage contractors to improve the project’s performance, value, and/or quality, lower construction costs, or shorten the delivery time while Read more…

By Tony, ago

Documenting Recommendations for Shortlisted Value Engineering Ideas During the Develop Recommendations Phase of Value Engineering Workshops on Capital Construction Projects

Similar to any other business process needed in managing the execution of capital construction projects, documenting value engineering workshops not only will ensure that the process will be performed in accordance with the set best practices but more importantly is that the knowledge gained in performing the process will be Read more…

By Tony, ago