Project Management Body of Knowledge (PMBOK)

Why Having a Business Case for Your Capital Project is a Must and Not a Choice?

Today and more than ever, organizations require the submission and approval for a business case before a project can be approved for execution. A proper business case should ensure that the project aligns with the organization’s strategic objectives, ensures financial viability in terms of benefits and costs, tangible and intangible, Read more…

By PMWeb, ago

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…

By PMWeb, ago
PMWeb 7 Project Managment

Using Project Management Information System to Enforce Governance on Capital Projects by Implementing Formal Project Life Cycle Stage Gate Management

The growing demand for enforcing governance on projects delivery, and in particular capital projects, had never been required like what we see nowadays. In addition to enforcing governance into the execution of the different project management processes as it relates to collaboration, document, planning, cost, procurement, contract, revenue, risk, quality, Read more…

By Tony, ago