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How Cost-Loaded Schedules and Project Management Information System (PMIS) Provide A Real-Time Single-Version-of-the-Truth Earned Value Management Report
Blog Cost Management Costs Schedules Workflow

How Cost-Loaded Schedules and Project Management Information System (PMIS) Provide A Real-Time Single-Version-of-the-Truth Earned Value Management Report

The use of what is known as the cost-loaded schedule to establish the value of interim payment certificates is a...
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The Great Value of Associating Planned Project Outcomes with Actual Results when it Comes to Monitoring, Evaluating and Reporting the Resources and Cost Performance of Capital Construction Projects
Blog Cost Management Costs Forms

The Great Value of Associating Planned Project Outcomes with Actual Results when it Comes to Monitoring, Evaluating and Reporting the Resources and Cost Performance of Capital Construction Projects

One of the key requirements when it comes to delivering capital construction projects is how to have a trust-worthy, auditable,...
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Real-Time Single Version of the Truth Awarded Contracts Financial Performance and Status
Blog Cost Management Costs

Real-Time Single Version of the Truth Awarded Contracts Financial Performance and Status

To conclude the benefits that digital transformation could bring to an organization and before they commence their journey for the...
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Cost Performance of FFE Procurement Contracts
Blog Cost Management Costs Performance Reporting Plans Tools Workflow

Cost Performance of FFE Procurement Contracts

The procurement of FF&E (furniture, fixtures & equipment) has a major role in the success or failure of an interior...
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Getting Paid for Deliverables
Blog Cost Management Costs Plans Schedules Workflow

Getting Paid for Deliverables

Regardless of your project type or size, each project creates deliverables, which are simply the results of the project or...
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Enforcing a Transparent Process for Keeping Track of Allocated Short-Term Funds for On-Going Capital Construction Projects that Need to be Slowed-Down
Blog Cost Management Costs Lean Construction Management Best Practice

Enforcing a Transparent Process for Keeping Track of Allocated Short-Term Funds for On-Going Capital Construction Projects that Need to be Slowed-Down

One of the key challenges facing Municipalities, Public Works Departments, and other public sector entities that are involved in delivering...
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How Can Capital Construction Project Owners Launch A No-Nonsense Integrated Cost Management Solution in One Day?
Blog Cost Management Costs

How Can Capital Construction Project Owners Launch A No-Nonsense Integrated Cost Management Solution in One Day?

If you are a project owner who invests in capital construction projects, you fully understand that having a real-time single...
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Using Technology to Improve the Cost Estimating, Revenue Capturing and Actual Cost Incurred of Engineering and Design Deliverables on Capital Projects
Blog Cost Management Costs Engineering Portfolio Schedules Tools Workflow

Using Technology to Improve the Cost Estimating, Revenue Capturing and Actual Cost Incurred of Engineering and Design Deliverables on Capital Projects

For engineering and design consultants, using traditional cost estimating tools that are usually configured for estimating the cost of a...
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Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?
Blog Cost Management Costs Plans Tools

Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?

Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the...
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Using Earned Value Management (EVM) Measures to Monitor, Evaluate and Report the Zero-Budget Variance Goal for Public Sector Capital Projects Delivery
Blog Cost Management Costs Plans Tools

Using Earned Value Management (EVM) Measures to Monitor, Evaluate and Report the Zero-Budget Variance Goal for Public Sector Capital Projects Delivery

Municipalities, public works departments, utilities, and other public sector entities across the globe are planning to release many capital projects...
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Using Earned Value Method to Objectively Monitor, Evaluate, Report and Forecast the Performance of Investment Revenue Earnings
Blog Cost Management Costs

Using Earned Value Method to Objectively Monitor, Evaluate, Report and Forecast the Performance of Investment Revenue Earnings

The capital investment revenue projects are the projects managed by the sales team to generate the anticipated revenue of the...
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How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?
Blog Cost Management Costs COVID-19 Pandemic Portfolio Schedules Tools

How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?

It is critical for entities who have selected to invest in capital projects, especially after the COVID-19 pandemic, to understand...
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Using Earned Value Management to Monitor, Evaluate, and Report Resources Efficiency Involved in Delivering Capital Projects
Blog Cost Management Forms Portfolio Schedules Tools

Using Earned Value Management to Monitor, Evaluate, and Report Resources Efficiency Involved in Delivering Capital Projects

For engineering consultants, general contractors, EPC contractors, design-build contractors, subcontractors, and other entities whose project profitability depends on the efficiency...
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The Great Value of Cost Worksheets in Analyzing, Monitoring, Evaluating, and Reporting a Single Version of Your Capital Projects’ Portfolio Cost Performance
Blog Cost Management

The Great Value of Cost Worksheets in Analyzing, Monitoring, Evaluating, and Reporting a Single Version of Your Capital Projects’ Portfolio Cost Performance

For organizations who are involved in the delivery of capital projects, regardless of whether they were the project owner, contractor,...
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How to Curb the Threat of Scope Creep to a Capital Project Budget?
Blog Cost Management Costs Schedules Workflow

How to Curb the Threat of Scope Creep to a Capital Project Budget?

One of the main objectives for capital project investments is to adhere to the approved project budget which was part...
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What Cost Curves Capital Projects Owners Must Have to Monitor, Evaluate and Report a Real-Time Single Version of the Truth of Their Projects’ Performance and Status?
Blog Cost Management Costs Tools

What Cost Curves Capital Projects Owners Must Have to Monitor, Evaluate and Report a Real-Time Single Version of the Truth of Their Projects’ Performance and Status?

For capital projects’ owners, having cost curves to monitor, evaluate and report the performance and status of those projects’ financial...
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Monitoring and Tracking Site Work Instructions on Construction Projects
Blog Cost Management Schedules

Monitoring and Tracking Site Work Instructions on Construction Projects

Site Work Instructions (SWI) are written technical instructions issued to the contractor by the engineering consultant to execute a particular...
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Capital Project Owners’ Nightmare of Cost Overrun and Overestimated Benefits
Blog Cost Management

Capital Project Owners’ Nightmare of Cost Overrun and Overestimated Benefits

Owners of capital construction projects always have the nightmare of cost overrun and overestimated benefits. Those two performance measures have...
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Capturing Supervision Consultant Overtime Charges for Supervising Contractor’s Activities in Construction Projects
Blog Cost Management Design Management

Capturing Supervision Consultant Overtime Charges for Supervising Contractor’s Activities in Construction Projects

One of the common items in interim payment applications for construction contracts is the deductions for the engineering consultant team...
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Using the Material Inspection Request (MIR) Process to Get Paid for Stored and Delivered Materials on Construction Sites
Blog Cost Management

Using the Material Inspection Request (MIR) Process to Get Paid for Stored and Delivered Materials on Construction Sites

One of the elements of an interim payment on construction projects is the payment for the contractor’s procured material delivered,...
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