Costs

PMWeb Schedules forms Contract Managment Checklist

How to Use Procurement to Enable Agile Digital Transformation of Procurement and Contract Management in Organizations

Although a Project Management Information System (PMIS) like PMWeb mainly manages the delivery of capital construction projects, nevertheless, organizations can also use PMWeb to enable an agile digital transformation of their current procurement and contract management practices. Each contract that needs to be managed by the procurement and contracts department Read more…

By PMWeb, ago
PMWeb 7 Assest

Ensure That Progress Invoices Are Paid Only When The Interim Payment Certificates Are in Accordance with the Requirements Set in the Contract Agreement

When it comes to delivering capital construction projects, one of the processes that are common to all those projects is making payments for approved work in place completed by the contractor for each awarded contract. Nevertheless, those project owners, investors, and funding agencies need to be assured that before releasing Read more…

By PMWeb, ago
PMWeb 7 Procurement Portfolio Planning Estimates

Create and Maintain a Cost Database Using the Unit Price Rates of their Awarded Lump Sum Contracts

Unlike contractors who need to have a detailed estimate for the cost of labor and equipment resources, material, subcontract items and other type of project expenses, also known as the project’s input, to come with the cost estimate for a capital construction project, project owners are mainly interested in the Read more…

By PMWeb, ago