Managing, Monitoring, Evaluating and Reporting the Capital Construction Project Financial Status for Build-to-Suit Lease Agreements
For many real estate developers including master developers, the Build-to-Suit Lease is one of the options available for developing projects…
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…
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…
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…
Avoid the Fatal Mistake of Presenting Monster Schedules when Submitting Delay Claims on Capital Construction Projects
Back in 1982, I used to work at one of the world’s largest construction claim firms who continue to be…
The Importance of having Meaningful Probability Values for the Likelihood of Events’ Occurrence to Predict Future Results on Capital Construction Projects
When an individual makes a decision or takes an action, the quality of the made decision or takes action depends…
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…
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.…
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…
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…
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…
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…
