Workflow

Why Risk-Simulated Integrated Resource-Loaded Project Schedule and Raw Daily Progress Data are a Must Requirement for Any Artificial Intelligence (AI) Platform for Capital Construction Projects

Regardless of the Artificial Intelligence (AI) platform used to predict future project outcomes or results based on today’s achievements and actions, the risk-simulated integrated resource-loaded project schedule (IPS) and daily progress reports will always be part of the input data needed by the AI platform. Of course, many other sources Read more…

By PMWeb, ago

Why a PPP Project Company Needs a Project Management Information System for Managing, Monitoring, Evaluating and Performance Reporting of the Contract Management Stage of a PPP Project

The delivery of Public-Private=Partnership (PPP) projects involves creating a Project Company which will usually be in the form of a Special Purpose Vehicle (SPV) to develop and manage the project. The SPV will sign the different agreements for delivering the PPP project including those for the engineering, procurement, and construction Read more…

By PMWeb, ago

Using Earned Value Management (EVM) for Reporting the Performance of Engineering Deliverables on Engineering-Procurement-Construction (EPC) Projects

The engineering stage of an Engineering-Procurement-Construction (EPC) project is of critical importance for all entities involved in delivering the project. During this stage, there will be a list of drawings, also known as deliverables, that the EPC contractor needs to produce and for which the project owner must approve before Read more…

By PMWeb, ago