Improving the Monitoring, Evaluating and Reporting the Performance of Long Lead Procurement Items on Capital Construction Projects

For capital construction projects, long lead items are those construction components that will require a long time to obtain. In many cases, the long lead items will require the approval of shop drawings, or formal submittal approval, prior to ordering. The procurement of those long items can often have a Read more…

How Can Capital Construction Project Owners Use the Correlation Algorithm to Have a More Meaningful Contractors’ Performance Profile?

One of the common business processes for any capital construction projects owners is the registration and qualification of contractors who could be invited to bid on their released bid packages and be awarded construction contracts and purchase orders if their proposals are selected. The prequalification process requires each contractor to Read more…

Why Digitizing Business Processes is a Must to Stop Faking Collaboration on Capital Construction Projects

Collaboration is becoming a requirement for the successful management of capital construction projects. Project participants are realizing that sharing of knowledge and information is one of the key elements of a successful contractual relationship. A key requirement for effective collaboration is to move away from manual paper-based business processes toward Read more…