How Can Property Owners Have a Single Version of the Truth When Monitoring, Evaluating and Reporting Performance Status of Facilities and Assets Maintenance Contracts?

Property owners might have different strategies for outsourcing their facilities and assets maintenance contracts and their total asset refurbishment and re-capitalization contracts. Some property owners might have their own established business to manage maintenance work orders, whether reactive or preventive. Their maintenance contracts will be limited to spare parts supply Read more…

How Can Online Bidding Help in Supporting Lean Construction Management Best Practices by Reducing Wasted Effort and Paperwork?

One of the standard practices in capital projects is outsourcing part of the project’s work scope to third-party entities who could be more qualified and efficient in delivering the outsourced work scope. Outsourcing is one of the risk response strategy actions to transfer project risks. Project owners can outsource the Read more…

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…