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574-Converting-Estimate-to-Budget_Page_8_Image_0001

How to Convert a Capital Construction Project Cost Estimate into a Budget that can be Monitored, Evaluated, and Reported at the Required CBS Levels

June 29, 2022
One of the top great challenges that face project owners as well as contractors is how to convert their approved…
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537-ML-to-Detect-Fraud-Transactions_Page_2_Image_0001

Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?

April 4, 2022
The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually,…
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528-Bid-Price-to-Commitment_Page_6_Image_0001

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

March 14, 2022
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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513-Job-Costing-for-Construction-Projects_Page_01_Image_0001

Using Project Management Information System (PMIS) for Agile Job Costing Implementation on Capital Construction Projects

February 6, 2022
Job costing is essential to any business’s bottom line, but it is especially crucial in the construction industry. Job costing…
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509-Franchise-Expansion-Financial-Performance_Page_1_Image_0001

Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 2: Ensure that you have a Single Version of the Truth Visibility of Your Projects’ Financial Performance

January 28, 2022
Having a trustworthy single version of the truth of the financial status of either an expansion or remodeling project for…
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508-Franchise-Expansion_Page_1_Image_0001

Using Technology to Enable a 360-Solution to Manage, Monitor, Evaluate and Report the Performance of Retail Brands Expansion and Remodeling Programs and Projects – Step 1: Ensure that you have a Single Version of the Truth Visibility of Your Complete Projects’ Portfolio for Each Retail Brand

January 25, 2022
Whether it is a luxury or casual goods or cloths, family dining or fast-food restaurants, coffee shop or donut outlet,…
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504-Contractor-Own-PMIS_Page_8_Image_0001

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

January 16, 2022
For construction projects that project owners have either adopted a Project Management Information System (PMIS) or even a Document Management…
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499-IRR_Page_7_Image_0001

Why the Internal Rate of Return (IRR) Should be Part of the Monitoring, Evaluating and Reporting on Your Capital Construction Project Investments Performance

January 5, 2022
Although many of those involved in investing in capital construction projects have different criteria to decide if the project opportunity…
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495-Ubiased-Risk-Likelihood-and-Impact_Page_1_Image_0001

How Can Organizations Take Advantage from Their Past and Current Experience in Managing Change Orders to Build an Unbiased Assessment of Schedule and Cost Impact of Change Order Risks as well as Their Occurrence Likelihood on their Capital Construction Projects’ Portfolio?

December 26, 2021
Similar to any risk assessment, assessing the exposure of change orders risk on a capital construction project requires assessing the…
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485-Difference-Between-Project-Schedule-Task-and-Business-Process_Page_1_Image_0001

Why We Need to Manage, Monitor, Evaluate and Report on Deliverables Activities as Business Processes While Executing the Project Life Cycle Stages?

December 3, 2021
Whenever an entity wants to deliver a project including a capital construction project, one of the first documents that get…
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440_Page_1_Image_0001

Capturing and Reporting Construction Material Price Index

August 23, 2021
Organizations who are involved in delivering capital construction projects always need to know the current material price of key construction…
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429_Page_2_Image_0001

Why Joint Venture (JV) Contractors Must Use a PMIS When Managing Their Construction Projects Delivery? – Part 2: Managing Project Documents

July 28, 2021
Regardless of the document management system (DMS) that the project owner might require the JV Contractor to use on the…
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