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How to Provide a Better Prediction of the Possible Estimate to Complete (ETC) Value for Capital Construction Projects

For those who use the Earned Value Management (EVM) method on capital construction projects, the Estimate to Complete (ETC) measure provides them with the basis for calculating the Estimated at Completion (EAC) and Variance at Completion (VAC) measures. Nevertheless, the Estimate to Complete (ETC) measure needs to be adjusted to Read more…

By Tony, ago

Why Daily Reports Could Be the Best Tool to Verify the Accuracy of the Estimated Material Resources Quantities on Capital Construction Projects

One of the major dilemmas that face contractors on construction sites is how to verify that the estimated material resources such as steel reinforcement, cement, blocks, premix mortar, ceramic tiles, plastering, painting, false ceilings, pipes, and others for actual work in place are inline to what was originally estimated. They Read more…

By Tony, ago

Why It is Crucial to Associate CRM Data with Project Management Information Systems (PMIS) Data for Real Estate Development Projects

Regardless of the CRM solution selected by a real estate developer, there is always a requirement to associate the captured CRM data with the data captured in a Project Management Information System (PMIS) like PMWeb. This is essential for real estate developers who need to look at several factors to Read more…

By Tony, ago