How to Have a Reliable and Traceable Estimated Labor Resources Cost at Completion on Capital Construction Projects
For most capital construction projects, the labor planning and efficiency reporting mainly focuses on the planned, earned, actually spent, estimate…
Monitoring, Evaluating and Reporting the Performance of Linear Capital Construction Projects for Executive Stakeholders
For executive stakeholders of entities involved in delivering linear capital construction projects, they are always keen to have a single-page…
The Great Value of Correlation Analysis in Identifying Relationships Between Different Business Processes on Capital Construction Projects
Those who are involved in delivering capital construction projects, know that there are some kinds of relationships between the different…
How Can Capital Construction Project Owners Use the Correlation Algorithm to Have a More Meaningful Contractors’ Performance Profile?
One of the common business processes for any capital construction projects owners is the registration and qualification of contractors who…
Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?
The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually,…
Why Digitizing Business Processes is a Must to Stop Faking Collaboration on Capital Construction Projects
Collaboration is becoming a requirement for the successful management of capital construction projects. Project participants are realizing that sharing of…
Can Having Well-Thought-Of Output Forms for Formally Communicated Transactions Help in Preventing Fraud on Capital Construction Projects?
For most capital project owners in the public and private sector, ensuring that the right policies and procedures are implemented…
Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects
The main objective of using Machine Learning (ML) and Artificial Intelligence (AI) on capital construction projects is to enable stakeholders…
Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects
The main objective of using Machine Learning (ML) and Artificial Intelligence (AI) on capital construction projects is to enable stakeholders…
Earned Value Management (EVM) to Report Performance When the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price on Capital Construction Projects is Adopted
PMWeb Project Management Information System (PMIS) requisition module will be used to capture the details of all interim payment certificates…
How to Enforce the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price on Capital Construction Projects
For an EPC contractor, general contractor, subcontractor and other types of vendors who have been awarded lump-sum turnkey (LSTK) contracts,…
Is There a Way to Improve the Quality of “Gut Instinct” Decisions Made by Stakeholders on Capital Construction Projects?
Gut instinct is an instinctive feeling, as opposed to an opinion or idea based on facts. Gut instinct is also…
