Managing, Monitoring, Evaluating, and Reporting the Assets Identification and Assessment Phases for Capital Construction Projects Recapitalization Programs

One of the growing requirements for capital construction project owners and investors is how to maintain an efficient and safe operation of their existing assets portfolio as well as newly acquired assets. This is usually achieved by investing in recapitalization programs with the objective of extending the duration of those Read more…

Overcoming Objections to PMIS

The support of the senior management is the key to overcoming objections to investing in and implementing a construction project management software solution like PMWeb. To get their support, the senior management must understand the value of having improved transparency, accountability, governance, and real-time, single-version-of-the-truth performance and status reporting For Read more…

Why It is Critical to Align Progress and Financial Periods of Capital Construction Projects

One of the common requirements for all capital construction projects is to have a monthly assessment and appraisal of a project performance. This will include the performance as it relates to scheduled milestone dates, budget consumption, actual cost, changes, anticipated changes, achievements, issues among others. This performance reporting might require Read more…