Plans

Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report

Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that construction projects are completed within budget. The Cost Value Reconciliation (CVR) is a measurement of the actual costs incurred on a project for which they are compared against the value Read more…

By Tony, ago

How Can Banks and Financial Institutions Use Technology to Address and Manage the Challenges of Managing Construction Projects Credit Risk?

Credit risk is the potential risk that a bank borrower will fail to make payments by agreed terms. Credit risk management practice aims to mitigate losses by maintaining credit risk exposure within acceptable parameters. In most countries, there are regulatory requirements to demand more transparency when it comes to managing credit risks. They Read more…

By Tony, ago

Setting Warning Alerts for Project Management Processes’ Performance in Capital Projects

One of the key benefits of having a Project Management Information System (PMIS) like PMWeb to manage the different project management processes is the ability to set alerts when the performance of selected project management differs from the set performance thresholds. Having said so, alerts in capital projects is unlike Read more…

By PMWeb, ago