Monitoring, Evaluating and Reporting Strategy Performance Outcomes in Project Centric Organizations

One of the key challenges that face project-centric or project-driven organizations and in particular those in the public sector is how to have a real-time single version of the truth of the performance of each strategic objective measure or outcome that can be traced to the source of the provided Read more…

How to Convert a Capital Construction Project Cost Estimate into a Budget that can be Monitored, Evaluated, and Reported at the Required CBS Levels

One of the top great challenges that face project owners as well as contractors is how to convert their approved cost estimates into budgets that can be monitored, evaluated, and reported at the required cost breakdown structure (CBS) levels. For a project owner, there are different budget versions that derive Read more…

Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?

The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually, there are more chances to commit fraud on a project than operational frauds where usually corporate policies and procedures are well enforced and internal or external audit is an ongoing Read more…