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The Need to Have a Comprehensive Progressively Elaborated Work Breakdown Structure (WBS) in Managing Capital Projects

Those involved in delivering capital projects understand the importance of having a work breakdown structure (WBS) that can be progressively elaborated as the project’s scope of work gets developed and defined during the concept, schematic, design development, and construction documents phases of the project life cycle. The work breakdown structure Read more…

By PMWeb, ago

Using Project Management Information Systems (PMIS) To Support the Critical and Challenging Role of Internal Audit for Capital Projects

The growing concerns of committing fraud on capital projects have led many public and private sector organizations to increase their internal audit team’s involvement when it comes to delivering their capital project investments. Those organizations understand the critical role of internal audit in providing an independent assurance that the organization’s Read more…

By PMWeb, ago
PMWeb 7 Project Management Information Systems (PMIS)

Overcoming the Challenges of Reaping Benefits from Big Data in the Construction Industry

More than ever, industries of all types understand the value that data can bring to their business in terms of achieving their organizational objectives and delivering their business strategy. Businesses today are using data for better and faster informed decisions, better understanding of their customers need and habits, providing smarter Read more…

By PMWeb, ago