Setting the Project Control System (PCS) Schedule and Resource Management Module: Resource Management
Function 3: Resource Management One of the requirements of all construction projects is for contractors to load their integrated project…
Setting the Project Control System (PCS) Schedule and Resource Management Module: Two-Week Look Ahead Planning
The approved baseline schedule becomes the basis for the short-term planning that is used to execute the project. On a…
Setting the Project Control System (PCS) Schedule and Resource Management Module: Baseline Schedule
Function 1: Baseline Schedule The project’s baseline resource-loaded schedule created by the planning and scheduling team needs to be formally…
Setting the Project Control System (PCS) Schedule and Resource Management Module
All professionals who are either involved or have been involved with project controls know that planning and scheduling were the…
Evaluating and Shortlisting Capital Investment Opportunities Using Profit Investment Ratio (PIR) and Risk Exposure Measures
When it comes to evaluating and shortlisting capital investment opportunities, an organization needs to consider selecting and investing in them…
Why Public Sector and Publicly Listed Entities Need to Implement Proactive Internal Audit for Their Capital Construction Projects
Many project owners and in particular those from the public sector or publicly listed companies have the requirement to conduct…
Why Most Updated Schedules for Capital Construction Projects Might Not Be That Perfect
One of the great challenges on capital construction projects is how frequently the project schedule needs to be updated. The…
Contractual Obligations and Implications Under the FIDIC Contract Form of Agreement for Sub-Clause 4.21 Monthly Progress Report on Capital Construction Projects
FIDIC sub-clause 4.21 requires the contractor to prepare monthly progress reports, the first of which shall cover the period up…
Work and Cost Breakdown Structures Based Monitoring, Evaluating and Reporting of Cost Performance on Capital Construction Projects
Project owners involved in delivering capital construction projects always have the requirement to monitor, evaluate and report project cost performance…
The Threats of Bad Data and Opportunities of Good Data When Managing, Monitoring, Evaluating and Reporting Performance of Capital Construction Projects
A study shows that in 2020, bad data may have caused $1.8 trillion in losses worldwide and may be responsible…
How to Convert a Capital Construction Project Cost Estimate into a Budget that can be Monitored, Evaluated, and Reported at the Required CBS Levels
One of the top great challenges that face project owners as well as contractors is how to convert their approved…
How Can Contractors Monitor the Status of Variation-Related Claim Steps on their Capital Construction Projects?
There are five steps that need to be followed by contractors to submit variation-related claims. Those variation-related claim steps are…
