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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…
Managing, Monitoring, Evaluating and Reporting Performance of Provisional Sums on Capital Construction Projects’ Contracts
It is very common for many capital project owners to include provisional sums in their contract agreements. Provisional sums are…
Capturing, Accumulating and Sharing Knowledge by Formalizing Questions Raised and Answers Given on Capital Construction Projects
One of the proven methods for capturing, accumulating, and sharing knowledge on capital construction projects is to encourage project team…
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…
Why Project Owners Should Enforce a Rigorous Work Inspection Request (WIR) Business Process on their Capital Construction Projects
For all capital construction project owners, having their completed facilities running without defects or issues is what matters most for…
For Capital Construction Projects’ Contracts with the Time is of Essence Clause, Why Associating Project Schedule Activities with Business Processes Become a Must and Not a Choice
Whether a contract agreement had explicitly stated the clause of “Time is of Essence” or not, it is a common…
Real-Time Single Version of the Truth Revenue and Income Recognition of Capital Construction Projects Using the Percentage of Completion Method
Many Real Estate Developers use the percentage of completion method to calculate the amount of revenue and therefore income that…
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…
How to Have a Single Version of the Truth Cost Performance Status Report When Managing the Contractor’s Contract Price on Capital Construction Projects
The fourth and last article that relates to “How to Enforce the Culture of “100% Committed to Achieve” in Managing…
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 Capture All Changes and Their Impact When Managing the Contractor’s Contract Price on Capital Construction Projects
In our last article “How to Enforce the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price…
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,…
