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Tools Articles

554-Progress-Report-Checklist_Page_2_Image_0001

Monthly Progress Report Checklist for Comprehensive Performance Report of Capital Construction Projects 

May 13, 2022
Reporting the performance of capital construction projects is a must requirement regardless of the project type, size, phase, or even…
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553-Project-Balance-Sheet_Page_1_Image_0001

Real-Time Single Version of the Truth Revenue and Income Recognition of Capital Construction Projects Using the Percentage of Completion Method 

May 11, 2022
Many Real Estate Developers use the percentage of completion method to calculate the amount of revenue and therefore income that…
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552-Fraud-Actions-in-Releasing-Progress-Invoices_Page_1_Image_0001

How Can Executives Identify Fraud Actions in Payments for Interim Progress Invoices on Capital Construction Projects

May 9, 2022
One of the key issues associated with the execution of capital construction projects is the delayed payment of interim progress…
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551-Refurbrishment-Projects-Progress-Monitoring_Page_1_Image_0001

How to Improve the Monitoring, Evaluating and Reporting Progress Information of Work Tasks in Fit-out and Refurbishment Projects

May 6, 2022
Fit-out and refurbishment projects are in growing demand not only to address the branding and image requirements of an organization…
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550-Calculating-the-True-Actual-Cost-Required-for-EVM_Page_5_Image_0002

Are You Using the Wrong Actual Cost (AC) Value for Earned Value Management (EVM) Reporting on Capital Construction Projects?

May 4, 2022
For those involved in capital construction projects whether those projects were Engineering-Procurement-Construction (EPC), Design-Build (DB), Design-Bid-Build (DBB), Build-Operate-Transfer (BOT), Public-Private…
Read more
549-360-Degrees-Unbiased-Project-Performance-Reporting_Page_1_Image_0001

How to Provide Senior Executives with a 360-Degree Contractor Performance Evaluation Report on Their Capital Construction Projects

May 2, 2022
When it comes to executing capital construction projects, the monthly contractor performance evaluation report is one of the important communications…
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546-Engaging-Stakeholders_Page_1_Image_0001

Getting Senior Executive Stakeholders to Become More Engaged in Real Estate Development Projects

April 25, 2022
No one can deny that getting the support of senior executive stakeholders for a real estate development project has a…
Read more
545-Forecast-Actual-Labor-Cost-at-Completion_Page_1_Image_0001

How to Have a Reliable and Traceable Estimated Labor Resources Cost at Completion on Capital Construction Projects

April 22, 2022
For most capital construction projects, the labor planning and efficiency reporting mainly focuses on the planned, earned, actually spent, estimate…
Read more
544-Linear-Projects-Performance-Reporting-for-Executives_Page_1_Image_0001

Monitoring, Evaluating and Reporting the Performance of Linear Capital Construction Projects for Executive Stakeholders

April 20, 2022
For executive stakeholders of entities involved in delivering linear capital construction projects, they are always keen to have a single-page…
Read more
542.2-Long-Lead-Procurement_Page_1_Image_0001

Improving the Monitoring, Evaluating and Reporting the Performance of Long Lead Procurement Items on Capital Construction Projects

April 15, 2022
For capital construction projects, long lead items are those construction components that will require a long time to obtain. In…
Read more
537-ML-to-Detect-Fraud-Transactions_Page_2_Image_0001

Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?

April 4, 2022
The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually,…
Read more
536-Formalizing-Collaboration_Page_2_Image_0001

Why Digitizing Business Processes is a Must to Stop Faking Collaboration on Capital Construction Projects

April 1, 2022
Collaboration is becoming a requirement for the successful management of capital construction projects. Project participants are realizing that sharing of…
Read more
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