Cost Performance of FFE Procurement Contracts
November 8, 2023
The procurement of FF&E (furniture, fixtures & equipment) has a major role in the success or failure of an interior…
Managing, Monitoring, Evaluating, and Reporting the Assets Identification and Assessment Phases for Capital Construction Projects Recapitalization Programs
November 3, 2023
One of the growing requirements for capital construction project owners and investors is how to maintain an efficient and safe…
Getting Paid for Deliverables
November 1, 2023
Regardless of your project type or size, each project creates deliverables, which are simply the results of the project or…
Creating an Auditable and Traceable Recommendation to Award a Construction Contract Agreement
October 11, 2023
The award of the construction contract agreements on capital construction projects represents one of the major milestones of the project…
The Single Version of Truth for Capital Construction Projects’ Commercial Performance for Real Estate Developers
September 25, 2023
For real estate developers, private equities and other entities who invest in capital construction projects always need to have a…
Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?
September 18, 2023
Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the…
Using Earned Value Management (EVM) Measures to Monitor, Evaluate and Report the Zero-Budget Variance Goal for Public Sector Capital Projects Delivery
September 6, 2023
Municipalities, public works departments, utilities, and other public sector entities across the globe are planning to release many capital projects…
How Can Technology Improve the Monitoring and Reporting of the Delivery, Storage, and Release of Equipment and Materials to Construction Sites?
August 23, 2023
One of the key requirements that need to be managed, monitored, and reported on construction projects is the delivery, storage,…
Using Cost Estimate Checklists to Ensure the Quality of the Estimated Capital Project Cost During the Engineering Design Phases
August 11, 2023
The Project Management Institute (PMI) Project Management Body of Knowledge (PMBOK®) defines cost estimate as the process of developing an…
Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report
August 7, 2023
Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that…
How Can Banks and Financial Institutions Use Technology to Address and Manage the Challenges of Managing Construction Projects Credit Risk?
July 17, 2023
Credit risk is the potential risk that a bank borrower will fail to make payments by agreed terms. Credit risk management practice…
Setting Warning Alerts for Project Management Processes’ Performance in Capital Projects
July 10, 2023
One of the key benefits of having a Project Management Information System (PMIS) like PMWeb to manage the different project…