The Need for Instituting Grievance Management on the Delivery of Capital Construction Projects
The study titled “Grievance Management and Project Performance: A case of the Second Kampala Institutional and Infrastructure Development Project” by…
Should ChatGPT Become One of The Must Applications to be Used on Capital Construction Projects?
The ChatGPT application (chat.openai.com/chat) is an open artificial intelligence platform that has been used by many in trying to get…
Managing, Monitoring, Evaluating and Reporting a Project Contingency in Capital Projects
Risk buffering (or risk hedging) is the creation of some reserve or buffer that can absorb the effects of the…
Setting the Project Control System Communication Management Module
Communication management is an integral component of any project control system (PCS) regardless of the construction project type or size…
Setting the Project Control System (PCS) Cost Management Module: Actual Payment Made and Received Management
One of the key challenges that face organizations involved in delivering construction projects is getting paid for completed and approved…
Setting the Project Control System (PCS) Cost Management Module: Revenue Management
Revenue management is mainly applicable to the project control system (PCS) that is being managed from the contractor’s perspective. The…
Setting the Project Control System (PCS) Cost Management Module: Forecast Management
Regardless of whose perspective the project control system is managed, both the project owner and his team as well as…
Setting the Project Control System (PCS) Cost Management Module: Change Management
There is a very slim chance that a construction project is completed without encountering changes. There are many events that…
Setting the Project Control System (PCS) Cost Management Module: Managing the Project Commitments
Commitments are the contract agreements for which the actual cost for delivering the project’s scope of work is per the…
Setting the Project Control System (PCS) Cost Management Module: Managing the Project Budget
By definition, a project budget is the total estimated cost of completing each project activity over each phase of a…
Why Contractors Should Give Great Care in Estimating, Monitoring, Evaluating, and Reporting Preliminaries on Capital Construction Projects
One of the common line items of every single capital construction project’s bill of quantity or schedule of values is…
Why Real Estate Developers and Investors Should Have a Comprehensive Cost Breakdown Structure (CBS) that Maps the Complete Project Life Cycle Costs and Revenues for Their Real Estate Investment Projects
For real estate developers and investors including special purpose vehicles (SPV) created for Public-Private-Partnership (PPP) projects, the cost of delivering…
