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Costs Articles

312-22

Will Financial Regulators Enforce Contractors to Use Technology When It Comes to Reporting Their Financial Performance on Construction Projects?

October 28, 2020
For the majority of contractors, the technology that relates to project management and tracking financial performance is considered an expense…
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292-1

How Earned Value Management (EVM) for Interior Design Improves the Schedule and Cost Performance of Furniture, Fixtures and Equipment (FF&E) Contracts

September 19, 2020
For an Interior Design contractor using a Project Management Information System (PMIS) like PMWeb to manage the procurement of their…
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240-2

Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report

September 13, 2020
Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that…
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238-1

Ensuring Transparency for Monitoring, Evaluating, and Reporting the Funding of Capital Projects Troubled by the Coronavirus Pandemic

September 8, 2020
Governments across the globe have already allocated trillions of dollars in financial aid to be provided to organizations who have…
Read more
282-4

Transparent Process for Tracking Allocated Short-Term Funds for On-Going Capital Construction Projects that Need to be Slowed-Down

August 19, 2020
One of the key challenges facing Municipalities, Public Works Departments and other public sector entities who are involved in delivering…
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241-13

Are You Ready for the Emerging Impact of Social Distancing on Managing Engineering and Construction Projects?

May 15, 2020
A special task force at Harvard University has stated recently that social distancing could be required until 2022 to mitigate…
Read more
217-1

Using Common Sense to Attain the Great Value of Securing Executive Sponsors’ Support for Capital Projects Delivery

March 18, 2020
One of the critical requirements for those assigned to deliver capital projects is securing executive sponsors’ support for their projects.…
Read more
216-1

Using Common Sense to Attain the Great Value of Single Version of the Truth When it Comes to Reporting the Cost Status of Capital Projects Delivery

March 16, 2020
One of the key requirements for project owners when it comes to delivering capital projects is to have a single…
Read more
215-1

Using Common Sense to Attain the Great Value of Transparency When Performing Everyday Project Management Processes in Delivering Capital Projects

March 13, 2020
One of the essential requirements in delivering capital projects is managing the formal communication associated with the everyday project management…
Read more
202-1

How Master Real Estate Developers Use Advanced Work Packaging to Ensure Successful Program Delivery

February 17, 2020
There is a growing trend among countries and local government authorities to provide the private sector with long-term concessions to…
Read more
197-1

Digitize AWP Process in EPC Projects: Cost Performance Indices for Construction Work Packages (CWP)

February 3, 2020
In addition to the many templates, presentations, flowcharts, checklists, among others that were developed by the Construction Owners Associate of…
Read more
181-1

Does Your Engineering and Construction Project Remind You of the Blind Men and the Elephant Story?

December 27, 2019
For many organizations who are in particular involved in delivering engineering and construction projects, find that their projects tend to…
Read more
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