Tracking and Monitoring Spare Parts Usage During the Capital Project Standard and Extended Warranty Periods

Once the project reaches the handover stage, the contractor needs to turn over the spare parts as per the contract documents which will detail those requirements. A general spare parts specification is typically used to outline the common requirements related to spare parts, with additional specific requirements particular to a Read more…

Monitoring, Evaluating and Reporting Sustainability on Capital Projects Delivery

For organizations who are responsible for delivering capital projects particularly in the public sector, delivering sustainable projects is becoming a must requirement. Sustainable projects are projects that are not only delivering the project scope with the desired quality, within budget and on the needed delivery date but will also help Read more…

What Key Performance Indicators (KPI) Organizations Need to Have to Objectively Monitor and Evaluate their Capital Projects’ Portfolio Performance

Driving a project to success requires having real-time project performance and status reporting to provide objective, clear and concise information of the key drivers of the project performance. Like a car dashboard, the project dashboard is crucial for the project stakeholders to provide them with the insight to make better Read more…