Adopting a Paperless Strategy for Document Attachments on Everyday Communication Records on Capital Construction Projects

One of the common requirements on all capital construction projects is that most project related communications, require attaching different types of documents and records that the communication is referring to. Those include shop drawings, as built drawings, pictures, videos, specifications, insurance documents, shipping documents, no objection certificates, permits, warranties, method Read more…

Why Real Estate Developers and Investors Should Have a Comprehensive Cost Breakdown Structure (CBS) that Maps the Complete Project Life Cycle Costs and Revenues for Their Real Estate Investment Projects

For real estate developers and investors including special purpose vehicles (SPV) created for Public-Private-Partnership (PPP) projects, the cost of delivering a capital construction project is one of the many financial components needed to manage, monitor, evaluate and report on the viability of real estate investments. To have a complete financial Read more…

Can the Tedious Accruals Estimate Requirement be Eliminated by Implementing a Project Management Information System?

One of the major challenges that face organizations that are involved in capital construction projects delivery is determining the actual cost value at the end of each financial period. The challenge stems from the fact that most financial systems only recognize actual costs for work in place, delivered materials, and Read more…