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How Can Online Bidding Help in Supporting Lean Construction Management Best Practices by Reducing Wasted Effort and Paperwork?
One of the standard practices in capital projects is outsourcing part of the project’s work scope to third-party entities who…
The Need to Have a Comprehensive Progressively Elaborated Work Breakdown Structure (WBS) in Managing Capital Projects
Those involved in delivering capital projects understand the importance of having a work breakdown structure (WBS) that can be progressively…
Setting Warning Alerts for Project Management Processes’ Performance in Capital Projects
One of the key benefits of having a Project Management Information System (PMIS) like PMWeb to manage the different project…
Building the Capital Project Owners’ Cost Database to Ensure Sound Cost Estimates
Having a reliable, accurate and current cost database is a must requirement for having an accurate project cost estimate which…
Managing, Monitoring and Tracking New Requests for Capital Projects
For projects centric organizations, there is always an on-going demand for new project ideas, known as initiatives, to achieve the…
Creating the Capital Project Integrated Cost Plan that Can Progressively Elaborated During the Project Life Cycle Phases
The Cost Plan is the outline of the estimated project cost for the required resources to complete all project activities.…
Why Capital Project Cost Estimate and Project Budget Should Marry
No one can deny that delivering a capital project within the approved budget is one of the must objectives if…
How Can a Project Management Information System Help in Having a Claim-Ready Construction Project?
Nowadays, one would rarely have a construction project that would not have the high likelihood of having construction claims. Whether…
How to Use Project Management Information System to Calculate Project Cost Performance Indices
For capital projects owners, there are two key performance indices that are widely used when it comes to reporting the…
