How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?

It is critical for entities who have selected to invest in capital projects, especially after the COVID-19 pandemic, to understand the high risks that those investments might encounter as well as the low return of investments they have to survive with. Although it is understood that executing a capital project Read more…

Using Cost Estimate Checklists to Ensure the Quality of the Estimated Capital Project Cost During the Engineering Design Phases

The Project Management Institute (PMI) Project Management Body of Knowledge (PMBOK®) defines cost estimate as the process of developing an approximation of the monetary resources needed to complete project activities. The key benefit of this process is that it determines the amount of cost required to complete project work. Cost Read more…

PMWeb 7 Project Performance Dashboard

Are you Ahead, Within or Behind the Curve When it Comes to Monitoring, Controlling, and Reporting Your Construction Projects’ Performance

One would rarely find a construction project that does not have individuals who are assigned the responsibility of performing the tasks for monitoring, controlling, and reporting the construction projects’ performance. Those individuals are known as the project control team where it usually consists of a project control manager, project control Read more…