Contract-Based Earned Value Management (EVM) Analysis for Capital Construction Projects

When it comes to delivering capital construction projects, it is a very common practice that project owners transfer the risk for delivering the projects by procuring different contracts for delivering the scope of work. Those contracts could be for construction works, site supervision, and even project management services. For construction Read more…

Overcoming Objections to PMIS

The support of the senior management is the key to overcoming objections to investing in and implementing a project management information system (PMIS) like PMWeb. To get their support, the senior management must understand the value of having improved transparency, accountability, governance, and real-time, single-version-of-the-truth performance and status reporting For Read more…

PMWeb 7 Progress Invoice Form Payment Continuation Sheet

Expediting the Issuance of an Auditable and Traceable Statement of Final Account

Regardless of the type of contract agreement used on a construction project, the final account is the conclusion of the contract sum (including all necessary adjustments) and signifies the agreed amount that the Employer will pay the Contractor. It includes any works that are paid to the Contractor through the Read more…