How Can Organizations Take Advantage from Their Past and Current Experience in Managing Change Orders to Build an Unbiased Assessment of Schedule and Cost Impact of Change Order Risks as well as Their Occurrence Likelihood on their Capital Construction Projects’ Portfolio?

Similar to any risk assessment, assessing the exposure of change orders risk on a capital construction project requires assessing the likelihood of the risk occurrence as well as the impact that this risk could have on the project’s completion date and budget should it occur. To improve the occurrence likelihood Read more…

Why We Need to Manage, Monitor, Evaluate and Report on Deliverables Activities as Business Processes While Executing the Project Life Cycle Stages

Whenever an entity wants to deliver a project including a capital construction project, one of the first documents that get created is the integrated project delivery plan that will map the complete project life cycle stages and the deliverables that need to be created, reviewed, and approved within each stage. Read more…