Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 1: Ensure that you have a Single Version of the Truth Visibility of Your Complete Projects’ Portfolio for Each Retail Brand
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Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 1: Ensure that you have a Single Version of the Truth Visibility of Your Complete Projects’ Portfolio for Each Retail Brand

Whether it is a luxury or casual goods or cloths, family dining or fast-food restaurants, coffee shop or donut outlet,...
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Associating BIM Model Reviews and Remarks with Project Management Business Processes for Capital Construction Projects Delivery
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Associating BIM Model Reviews and Remarks with Project Management Business Processes for Capital Construction Projects Delivery

For capital construction projects where Building Information Modelling (BIM) is being used, many individuals are representing the different entities involved...
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Can Artificial Intelligence (AI) Help You in Selecting Your Next Capital Construction Project A-Team Members?
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Can Artificial Intelligence (AI) Help You in Selecting Your Next Capital Construction Project A-Team Members?

Whether we accept it or not, Machine Learning (ML) and Artificial Intelligence (AI) will play a growing role in supporting...
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Why Contractors Could Be Facing Unprecedent Threats When Project Owners Decide to Use Project Management Information Systems (PMIS) or Document Management Systems (DMS) to Enable Formal Communication Between Project’s Parties on Their Construction Projects
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Why Contractors Could Be Facing Unprecedent Threats When Project Owners Decide to Use Project Management Information Systems (PMIS) or Document Management Systems (DMS) to Enable Formal Communication Between Project’s Parties on Their Construction Projects

For construction projects that project owners have either adopted a Project Management Information System (PMIS) or even a Document Management...
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Using Pre-Commissioning Checklists to Assure Smooth Transition of Heating, Ventilation and Air Conditioning (HVAC) Systems to the Final Testing and Acceptance Stage of Capital Construction Projects
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Using Pre-Commissioning Checklists to Assure Smooth Transition of Heating, Ventilation and Air Conditioning (HVAC) Systems to the Final Testing and Acceptance Stage of Capital Construction Projects

The Heating, Ventilation, and Air Conditioning (HVAC) system is one of the most critical building systems in residential, commercial, hospitality,...
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Assessing the Readiness of Contractors for the Commissioning and Startup Stage on Capital Construction Projects
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Assessing the Readiness of Contractors for the Commissioning and Startup Stage on Capital Construction Projects

Successful capital projects delivery requires thorough preparation and accurate execution during the planning, design, procurement, construction, commissioning, and startup project...
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Why the Internal Rate of Return (IRR) Should be Part of the Monitoring, Evaluating and Reporting on Your Capital Construction Project Investments Performance
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Why the Internal Rate of Return (IRR) Should be Part of the Monitoring, Evaluating and Reporting on Your Capital Construction Project Investments Performance

Although many of those involved in investing in capital construction projects have different criteria to decide if the project opportunity...
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Using Earned Value Method (EVM) to Monitor, Evaluate and Report on the Performance of Your Real Estate Property Gross Development Value (GDV)
Blog Earned Value Management

Using Earned Value Method (EVM) to Monitor, Evaluate and Report on the Performance of Your Real Estate Property Gross Development Value (GDV)

Gross Development Value (GDV) is one of the most important performance metrics that all real estate investors and property developers...
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Digitizing the Quality Management Plan for Capital Construction Projects
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Digitizing the Quality Management Plan for Capital Construction Projects

The Project Quality Management Plan (PQMP) for capital construction projects is a written document that serves as the basis for...
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What Are the Key 4 Signs to Tell You that Your Reported Capital Construction Projects’ Performance is Not Trustworthy?
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What Are the Key 4 Signs to Tell You that Your Reported Capital Construction Projects’ Performance is Not Trustworthy?

For entities who are involved in delivering capital construction projects, senior executives continue to depend on others to prepare their...
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How Can Organizations Take Advantage from Their Past and Current Experience in Managing Change Orders to Build an Unbiased Assessment of Schedule and Cost Impact of Change Order Risks as well as Their Occurrence Likelihood on their Capital Construction Projects’ Portfolio?
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How Can Organizations Take Advantage from Their Past and Current Experience in Managing Change Orders to Build an Unbiased Assessment of Schedule and Cost Impact of Change Order Risks as well as Their Occurrence Likelihood on their Capital Construction Projects’ Portfolio?

Similar to any risk assessment, assessing the exposure of change orders risk on a capital construction project requires assessing the...
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What Measures Should Project Owners Take to Prohibit Contractors from Abusing the Request for Information Business Process on Capital Construction Projects?
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What Measures Should Project Owners Take to Prohibit Contractors from Abusing the Request for Information Business Process on Capital Construction Projects?

In capital construction projects, a request for information (RFI) is a formal business process in which the contractor seeks clarification...
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The Five Low-Hanging Fruits that Each Entity Should Aim for When Starting the Journey of Digital Transformation for Managing, Monitoring, Evaluating and Reporting Performance of Capital Construction Projects
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The Five Low-Hanging Fruits that Each Entity Should Aim for When Starting the Journey of Digital Transformation for Managing, Monitoring, Evaluating and Reporting Performance of Capital Construction Projects

The term "low-hanging fruit" is a commonly-used metaphor for doing the simplest or easiest work first requiring little or no...
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How Can Capital Construction Project Owners Consolidate the Monitoring, Evaluating and Reporting of the Schedule Performance Status Across their Complete Projects’ Portfolio When Different Tools Are Used in Creating Those Schedules?
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How Can Capital Construction Project Owners Consolidate the Monitoring, Evaluating and Reporting of the Schedule Performance Status Across their Complete Projects’ Portfolio When Different Tools Are Used in Creating Those Schedules?

For most owners of capital construction projects, the project life cycle starts from the early stage of capital planning all...
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Capturing, Analyzing and Sharing Lessons Learned from Delivering Capital Construction Projects
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Capturing, Analyzing and Sharing Lessons Learned from Delivering Capital Construction Projects

There is a growing trend among organizations that are involved in delivering capital projects to enforce proactive knowledge management culture....
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Whether We Like it or Not, Social Distancing Will Become the New Norm on Capital Construction Projects Delivery
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Whether We Like it or Not, Social Distancing Will Become the New Norm on Capital Construction Projects Delivery

When the UK Health Secretary Matt Hancock was photographed kissing a longtime friend that he has recently hired as an...
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Using Checklists to Expedite the Final Account Process on Capital Construction Projects
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Using Checklists to Expedite the Final Account Process on Capital Construction Projects

Final Accounts for capital construction projects are prepared to show the final cost of projects that have been completed by...
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Monitoring, Evaluating and Reporting Contractors’ Quality Performance on Capital Construction Projects
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Monitoring, Evaluating and Reporting Contractors’ Quality Performance on Capital Construction Projects

One of the key objectives for any project and in particular capital construction projects is the contractor’s compliance with achieving...
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Why We Need to Manage, Monitor, Evaluate and Report on Deliverables Activities as Business Processes While Executing the Project Life Cycle Stages
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Why We Need to Manage, Monitor, Evaluate and Report on Deliverables Activities as Business Processes While Executing the Project Life Cycle Stages

Whenever an entity wants to deliver a project including a capital construction project, one of the first documents that get...
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Why Capital Project Investors Should Ensure that their PMCs are Using Project Management Information Systems When Managing, Monitoring, Evaluating and Reporting Their Projects’ Performance
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Why Capital Project Investors Should Ensure that their PMCs are Using Project Management Information Systems When Managing, Monitoring, Evaluating and Reporting Their Projects’ Performance

It is a very common practice for investors whose capital construction projects development is not one of their core business...
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