All professionals who are either involved or have been involved with project controls know that planning and scheduling were the starting point for the evolution of the project control practice. This is managed under the Schedule and Resource Management module of a project control system. The Schedule and Resource Management Read more…
When it comes to evaluating and shortlisting capital investment opportunities, an organization needs to consider selecting and investing in them as capital projects. With this, they must decide if the profit investment ratio (PIR) or value investment ratio (VIR), which is a capital budgeting measure that gauges the potential profitability Read more…
Many project owners and in particular those from the public sector or publicly listed companies have the requirement to conduct an internal audit on their capital construction projects. Although the trend for most of those project owners to conduct this internal audit after project completion, nevertheless, conducting an internal audit Read more…
