Project Management Information System (PMIS) like PMWeb are the solutions that are best suited to capture the details of the different project management processes needed to deliver a capital project. This data provides the real-time information needed to monitor and evaluate the project’s financial, schedule, quality, safety, communication, risk among Read more…
Another quality control process that needs to be monitored, evaluated, and reported in the project control system (PCS) is the Static and RotatingEquipment Inspection Checklists. For oil and gas projects, static equipment comprises valves, boilers, furnaces, and heat exchangers. Oil and gas rotating equipment comprise turbines, pumps, and compressors. On the other hand, static equipment is with no moving parts is comparatively morereliable. Similar to the other quality control processes, the difference between a project control system (PCS) that is managed by the project owner or the contractor is the ownership of the Read more…
Regardless of whose perspective the project control system is managed, both the project owner and his team as well as the contractor have the requirement to have a formal process for recording, monitoring, and evaluating the forecast cost to complete the remaining project’s scope of work. The earned value management Read more…
