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Using Technology to Improve the Cost Estimating, Revenue Capturing and Actual Cost Incurred of Engineering and Design Deliverables on Capital Projects
For engineering and design consultants, using traditional cost estimating tools that are usually configured for estimating the cost of a…
Managing, Monitoring, Evaluating, and Tracking Joint Measurement Records on Construction Projects
Whether the construction contract agreement is a lump sum contract or remeasured contract, one of the processes that will be…
Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?
Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the…
The Dangers of Dirty Data and their Drastic Consequences on Capital Project Investments
One must admit that the COVID-19 pandemic lockdown has allowed many of us to attend events that usually we could…
Using Earned Value Management (EVM) Measures to Monitor, Evaluate and Report the Zero-Budget Variance Goal for Public Sector Capital Projects Delivery
Municipalities, public works departments, utilities, and other public sector entities across the globe are planning to release many capital projects…
Why Project Owners Should Make Timely Payments of Contractors’ Interim Payment Certificates
No one can argue the many benefits of making timely payment of contractors’ interim payment certificates on the delivery of…
How Can Technology Improve the Monitoring and Reporting of the Delivery, Storage, and Release of Equipment and Materials to Construction Sites?
One of the key requirements that need to be managed, monitored, and reported on construction projects is the delivery, storage,…
Using Earned Value Method to Objectively Monitor, Evaluate, Report and Forecast the Performance of Investment Revenue Earnings
The capital investment revenue projects are the projects managed by the sales team to generate the anticipated revenue of the…
How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?
It is critical for entities who have selected to invest in capital projects, especially after the COVID-19 pandemic, to understand…
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…
The Emerging Critical Role of Project Data Analysts on Capital Projects Delivery
The growing trend of digital transformation among organizations who are involved in delivering capital projects have created the need for…
Using Project Management Information Systems to Embrace Business Continuity Through Remote Work in Capital Projects Delivery
With or without the Corona Virus, Covid-19, pandemic, the good practice of remote work eventually becomes a common habit to…
