Product

The Single Version of Truth for Capital Construction Projects’ Commercial Performance for Real Estate Developers

For real estate developers, private equities and other entities who invest in capital construction projects always need to have a real-time single version of the truth dashboard to monitor and evaluate the commercial performance status of those projects. The commercial performance dashboard needs to report on the project or projects’ Read more…

By PMWeb, ago

Managing, Monitoring, Evaluating, and Tracking Joint Measurement Records on Construction Projects

Whether the construction contract agreement is a lump sum contract or remeasured contract, one of the processes that will be needed on those projects is the Joint Measurement Record, also known as Joint Measurement Sheet (JMS). TheJoint Measurement Record is used to capture the details of extra work recorded at Read more…

By PMWeb, ago

Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?

Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the project budget (Source: Association of Fraud Examiners, Russian Branch). In general, funds spent on capital construction projects are considered a sunk cost. A sunk cost refers to money that has Read more…

By PMWeb, ago