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Why Risk-Simulated Integrated Resource-Loaded Project Schedule and Raw Daily Progress Data are a Must Requirement for Any Artificial Intelligence (AI) Platform for Capital Construction Projects

Regardless of the Artificial Intelligence (AI) platform used to predict future project outcomes or results based on today’s achievements and actions, the risk-simulated integrated resource-loaded project schedule (IPS) and daily progress reports will always be part of the input data needed by the AI platform. Of course, many other sources Read more…

By PMWeb, ago

Why a PPP Project Company Needs a Project Management Information System for Managing, Monitoring, Evaluating and Performance Reporting of the Contract Management Stage of a PPP Project

The delivery of Public-Private=Partnership (PPP) projects involves creating a Project Company which will usually be in the form of a Special Purpose Vehicle (SPV) to develop and manage the project. The SPV will sign the different agreements for delivering the PPP project including those for the engineering, procurement, and construction Read more…

By PMWeb, ago

Why Real Estate Developers Should Insist on Having the Asset Location Details on Every Business Process Transaction and Document Needed When Managing the Delivery of their Construction Projects

The reason that most real estate developers invest in new capital construction projects or refurbishing existing projects is to either sell, lease or operate the space assets that will be produced from those projects. Those space assets could be houses, residential flats, commercial office spaces, storage areas and warehouses, hotel Read more…

By PMWeb, ago