Like the construction phase, project owners of capital construction projects need to be aware of how their projects are performing during the design phase. The progress information that needs to be communicated during the design phase differs from those in the construction phase, although the objectives remain the same. Those Read more…
Unlike other projects, the integrated baseline schedule for capital construction projects could include thousands of activities to detail the contractor’s strategy for delivering the project’s scope of work within the project’s milestone dates. The integrated project schedule (IPS) will include the activities needed for mobilization, submittals, procurement, permits, temporary on-site Read more…
Each capital construction project consists of direct and indirect costs. Direct Costs are the costs that are proportional to the project, which would usually include material for products, workers, project managers. Direct Costs are also known as Variable Costs as they vary with project requirements. On the other hand, Indirect Read more…
