Capturing Supervision Consultant Overtime Charges for Supervising Contractor’s Activities in Construction Projects

One of the common items in interim payment applications for construction contracts is the deductions for the engineering consultant team for the overtime and weekend hours spent in supervising construction activities that the contractor needs to carry out during those hours. The contractor would formally request for the same before Read more…

PMWeb 7 Project Cost Plan

Creating the Capital Project Integrated Cost Plan that Can Progressively Elaborated During the Project Life Cycle Phases

The Cost Plan is the outline of the estimated project cost for the required resources to complete all project activities. The term “project cost” refers to the total sum the project in question will cost the company. Those could include the costs associated with the project direct and indirect costs, Read more…