Why Contractors Could Be Facing Unprecedent Threats When Project Owners Decide to Use Project Management Information Systems (PMIS) or Document Management Systems (DMS) to Enable Formal Communication Between Project’s Parties on Their Construction Projects

For construction projects that project owners have either adopted a Project Management Information System (PMIS) or even a Document Management System (DMS) to enable formal collaboration between the project different parties, contractors could be faced with unprecedented threats if they wrongly assume that they will have access to the captured Read more…

Why the Internal Rate of Return (IRR) Should be Part of the Monitoring, Evaluating and Reporting on Your Capital Construction Project Investments Performance

Although many of those involved in investing in capital construction projects have different criteria to decide if the project opportunity is worthwhile investing in or not, nevertheless, two of the most important measures that will always appear on this list are Risk Attractiveness and Internal Rate of Return (IRR). Those Read more…

Digitizing the Quality Management Plan for Capital Construction Projects

The Project Quality Management Plan (PQMP) for capital construction projects is a written document that serves as the basis for the overall Project Quality Assurance and Control System and identifies the quality requirements, methods to achieve Project Quality objectives, and continual improvements during the work execution. The Project Quality Management Read more…