Workflow

Managing, Monitoring, Evaluating and Reporting the Capital Construction Project Financial Status for Build-to-Suit Lease Agreements

For many real estate developers including master developers, the Build-to-Suit Lease is one of the options available for developing projects on their portfolio of undeveloped lands. An option that targets business owners who have requirements for highly customized and brand-new property that is Best Suited to run their operations. Those Read more…

By Tony, ago

Why Contractors Could Be Facing Unprecedent Threats When Project Owners Decide to Use Project Management Information Systems (PMIS) or Document Management Systems (DMS) to Enable Formal Communication Between Project’s Parties on Their Construction Projects

For construction projects that project owners have either adopted a Project Management Information System (PMIS) or even a Document Management System (DMS) to enable formal collaboration between the project different parties, contractors could be faced with unprecedented threats if they wrongly assume that they will have access to the captured Read more…

By Tony, ago

What Measures Should Project Owners Take to Prohibit Contractors from Abusing the Request for Information Business Process on Capital Construction Projects?

In capital construction projects, a request for information (RFI) is a formal business process in which the contractor seeks clarification of plans, specifications, bill of quantities, and agreements from the consultant. While this process sounds straightforward, RFIs could be abused and become a source of delay, expense, conflict, and even Read more…

By Tony, ago