How Can Capital Construction Project Owners Use the Correlation Algorithm to Have a More Meaningful Contractors’ Performance Profile?

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...
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How to Have a Single Version of the Truth Cost Performance Status Report When Managing the Contractor’s Contract Price on Capital Construction Projects

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...
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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

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...
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How to Capture All Changes and Their Impact When Managing the Contractor’s Contract Price on Capital Construction Projects

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...
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How to Enforce the Culture of “100% Committed to Achieve” in Managing the Contractor’s Contract Price on Capital Construction Projects

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,...
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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

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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Assessing the Readiness of Contractors for the Commissioning and Startup Stage on Capital Construction Projects

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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What Measures Should Project Owners Take to Prohibit Contractors from Abusing the Request for Information Business Process on Capital Construction Projects?

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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Monitoring, Evaluating and Reporting Contractors’ Quality Performance on Capital Construction Projects

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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Periodical Evaluation of Contractors Performance on Capital Construction Projects

Periodical Evaluation of Contractors Performance on Capital Construction Projects

Regardless of the capital construction project size, type or location, project owners need to have an evaluation of the performance...
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How to Implement an Objective Quality Performance Index (QPI) to be Monitored, Evaluated, and Reported by Projects Owners on Capital Construction Projects

How to Implement an Objective Quality Performance Index (QPI) to be Monitored, Evaluated, and Reported by Projects Owners on Capital Construction Projects

Quality is one of three key objectives of any project to be delivered including capital construction projects. Managing quality on...
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How Capital Project Owners Can Monitor, Evaluate and Report on Payments on Account Against Accepted Change Orders That are Not Yet Approved to Revise the Value of the Awarded Construction Contract Agreement

How Capital Project Owners Can Monitor, Evaluate and Report on Payments on Account Against Accepted Change Orders That are Not Yet Approved to Revise the Value of the Awarded Construction Contract Agreement

One of the key challenges that face many capital project owners, mainly in the public sector, is how to manage,...
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Why Project Owners Should Require Contractors to Develop Level 5 Construction Project Schedule if Artificial Intelligence is on Their Road Map

Why Project Owners Should Require Contractors to Develop Level 5 Construction Project Schedule if Artificial Intelligence is on Their Road Map

On most construction projects, the Integrated Project Execution Schedule will usually be completed at Level 4 while Level 5 is...
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Using the APM Earned Value Management Guidelines to Enable Contractors to Manage, Monitor, Evaluate and Report Project Cost Performance on Lump Sum Contracts from Their Own Perspective as well as From Project Owner Perspective

Using the APM Earned Value Management Guidelines to Enable Contractors to Manage, Monitor, Evaluate and Report Project Cost Performance on Lump Sum Contracts from Their Own Perspective as well as From Project Owner Perspective

The Association of Project Management (APM) Earned Value Management (EVM) guidelines can be used by Contractors to provide them with...
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How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Procurement of Contracts on Capital Construction Projects

How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Procurement of Contracts on Capital Construction Projects

For those responsible for monitoring, evaluating, and reporting the status of the cost of a capital construction project, there will...
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How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Revenue Contracts on Capital Construction Projects

How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Revenue Contracts on Capital Construction Projects

On capital construction projects, if cost management was done from the contractor’s perspective, revenue contracts are the contracts between the...
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How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Awarded Contracts on Capital Construction Projects

How to Have an Agile Solution to Monitor, Evaluate and Report the Status of Awarded Contracts on Capital Construction Projects

For those responsible for monitoring, evaluating, and reporting the status of awarded contracts on capital construction projects, their top priority...
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Why a PPP Project Company Needs a Project Management Information System for Managing, Monitoring, Evaluating and Performance Reporting of the Contract Management Stage of a PPP Project

Why a PPP Project Company Needs a Project Management Information System for Managing, Monitoring, Evaluating and Performance Reporting of the Contract Management Stage of a PPP Project

The delivery of Public-Private=Partnership (PPP) projects involves creating a Project Company which will usually be in the form of a...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery? – Part 6: Performance Dashboards

Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery? – Part 6: Performance Dashboards

In addition to the project’s performance and status reporting that will be required by the project owner on capital construction...
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Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 5: Enforcing Accountability

Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery – Part 5: Enforcing Accountability

To enforce accountability on the hundreds of business processes that the JV Contractor needs to manage for delivering the capital...
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