Identifying, Managing, Monitoring and Reporting on Capital Projects’ Stakeholders

Capital projects’ stakeholders are those with interest in the project’s outcome. They are typically the project team members, project managers, executives, project sponsors, customers, and users. Capital projects’ stakeholders are invested in the project and who will be affected by your project at any point along the way. And their Read more…

The Need to Have a Comprehensive Progressively Elaborated Work Breakdown Structure (WBS) in Managing Capital Projects

Those involved in delivering capital projects understand the importance of having a work breakdown structure (WBS) that can be progressively elaborated as the project’s scope of work gets developed and defined during the concept, schematic, design development, and construction documents phases of the project life cycle. The work breakdown structure Read more…

Managing, Monitoring, Evaluating and Reporting Claim Submissions on Construction Projects

Construction claims in capital projects are on the rise and they need to be managed like the many other project management processes. Project owners need to have a formal and documented process for managing, monitoring, evaluating and reporting on the status of all claim submissions made by contractors. Project Management Read more…