Tools

Why Real Estate Developers and Investors Should Have a Comprehensive Cost Breakdown Structure (CBS) that Maps the Complete Project Life Cycle Costs and Revenues for Their Real Estate Investment Projects

For real estate developers and investors including special purpose vehicles (SPV) created for Public-Private-Partnership (PPP) projects, the cost of delivering a capital construction project is one of the many financial components needed to manage, monitor, evaluate and report on the viability of real estate investments. To have a complete financial Read more…

By Tony, ago

Can the Tedious Accruals Estimate Requirement be Eliminated by Implementing a Project Management Information System?

One of the major challenges that face organizations that are involved in capital construction projects delivery is determining the actual cost value at the end of each financial period. The challenge stems from the fact that most financial systems only recognize actual costs for work in place, delivered materials, and Read more…

By Tony, ago

Visualizing, Analyzing, and Investigating Building Information Modeling (BIM) Enabled Connected Cost

Having a single version of the true financial performance reporting is one of the important if not the most important requirement when it comes to delivering capital construction projects. This single version of the truth reporting cannot be achieved if the required cost data are captured and stored in different Read more…

By Tony, ago