The Earned Performance for Procurement Activities on EPC and LSTK Contracts

The Earned Performance for Procurement Activities on EPC and LSTK Contracts

In our last article titled “The Earned Performance for Engineering and Procurement Deliverables on EPC and LSTK Contracts”, the level...
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The Earned Performance for Engineering and Procurement Deliverables on EPC and LSTK Contracts

The Earned Performance for Engineering and Procurement Deliverables on EPC and LSTK Contracts

One of the key requirements on Engineering-Procurement-Construction (EPC) and Lump Sum Turnkey (LTSK) contracts is the formal documentation, monitoring, evaluation,...
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Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report

Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report

Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that...
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The Great Benefits of e-Procurement in Engineering and Construction Projects During the COVID-19 Pandemic Era and Beyond

The Great Benefits of e-Procurement in Engineering and Construction Projects During the COVID-19 Pandemic Era and Beyond

One of the common practices in capital projects is outsourcing part of the project’s scope of work to third-party entities...
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Managing the Issuance of The Request for Proposal (RFP) for Short-Listed Consultants

Managing the Issuance of The Request for Proposal (RFP) for Short-Listed Consultants

After completing the design consultants' prequalification, the project owner will invite them to submit their proposals for the project design...
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Taking Over Certificates for Completed Works in Construction Projects

Taking Over Certificates for Completed Works in Construction Projects

Under the FIDIC red book contract, the taking over certificate is issued by the Engineer in accordance with Clause 10...
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Managing Public Authorities Permits and No Objection Certificates (NOC) in Construction Projects

Managing Public Authorities Permits and No Objection Certificates (NOC) in Construction Projects

One of the common processes in any engineering and construction project across the globe are the processes for getting permits...
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Monitoring and Tracking Contractors’ Material and Equipment Procurement Schedule in Construction Projects

Monitoring and Tracking Contractors’ Material and Equipment Procurement Schedule in Construction Projects

One of the key progress reports that Contractors are obliged to submit on weekly basis is the updated procurement schedule...
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Checklist for Objective Bid/ No Bid Recommendation for Construction Projects

Checklist for Objective Bid/ No Bid Recommendation for Construction Projects

“To bid, or not to bid, that is the question.” A bid/no-bid decision process is a formal, rational process a...
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Documenting the Management of the Substantial Completion Process in Construction Projects

Documenting the Management of the Substantial Completion Process in Construction Projects

Substantial Completion refers to a stage of a construction or building project or a designated portion of the project that...
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Objective Evaluation and Appraisal of Engineering Consultants Performance on Capital Projects

Objective Evaluation and Appraisal of Engineering Consultants Performance on Capital Projects

Project Owners need to monitor their engineering consultant’s performance throughout a contract stages of design and construction supervision. In addition,...
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