How to Manage the Project Control System Delegation of Authority to Increase Accountability While Performing Project Management Processes
Regardless of the size, type, or location of a construction project, there are always authority approval levels set for each...
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Project Control Systems (PCS) for Construction Projects
Today, and more than ever, project owners, project management consultants, supervision consultants, and contractors are required to adopt best practices...
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Can Individuals be Accused of Fraud for Deceitful and/or Unauthorized Review and Approval Actions on Capital Construction Projects?
By definition, fraud is the crime of deceiving someone in order to secure unfair or unlawful gain or something else...
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Digital Transformation to Enable Proactive Project Risk Management and Reporting
Uncertainties are inherited in every project delivery and in particular capital construction projects. By nature, projects are all about committing...
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Evaluating and Shortlisting Capital Investment Opportunities Using Profit Investment Ratio (PIR) and Risk Exposure Measures
When it comes to evaluating and shortlisting capital investment opportunities, an organization needs to consider selecting and investing in them...
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Why Most Updated Schedules for Capital Construction Projects Might Not Be That Perfect
One of the great challenges on capital construction projects is how frequently the project schedule needs to be updated. The...
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How Can the Project Management Team Estimate the Appropriate Contingency Reserve Amounts for Capital Construction Projects?
Project contingency reserve is the amount to be added to the project’s baseline budget to cover the monetary impacts of...
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Can Machines be Trained to Learn How to Detect Fraud Transactions on Capital Construction Projects?
The tendency to commit fraud is very much part of every business and capital construction projects are no different. Actually,...
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Can Having Well-Thought-Of Output Forms for Formally Communicated Transactions Help in Preventing Fraud on Capital Construction Projects?
For most capital project owners in the public and private sector, ensuring that the right policies and procedures are implemented...
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Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects
The main objective of using Machine Learning (ML) and Artificial Intelligence (AI) on capital construction projects is to enable stakeholders...
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Why Artificial Intelligence (AI) can Become Meaningless if Risks and Change Management Are Not Closely Integrated on Capital Construction Projects
The main objective of using Machine Learning (ML) and Artificial Intelligence (AI) on capital construction projects is to enable stakeholders...
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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 4: Enforce Proactive Risk Management and Effective Issues Resolution
Retail brand's expansion and remodeling projects are no different than other types of projects in terms that they are based...
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Encouraging Project Team Members to Play an Active Role in the Risk Management Process on Capital Construction Projects
Regardless of your company role on a capital construction project was the project owner, contractor, consultant, project management consultant, subcontractor,...
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Why Risk-Simulated Integrated Resource-Loaded Project Schedule and Raw Daily Progress Data are a Must Requirement for Any Artificial Intelligence (AI) Platform for Capital Construction Projects
Regardless of the Artificial Intelligence (AI) platform used to predict future project outcomes or results based on today’s achievements and...
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How Contractors Reduce Disputes when Doing Final Accounts on Capital Construction Projects
In an article titled “Why do Final Accounts lead to Disputes?” written by Andy Hewitt on Claim Class, November 16,...
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How Can Project Owners Encourage Fraud on Their Capital Construction Projects?
When project owners, both in the public and private sectors, fail to impose the right policies and procedures to deter...
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Why Align Schedule Milestone Dates With the Work Breakdown Structure (WBS)
When it comes to delivering capital construction projects, contractors should decide on the methods and means for developing the integrated...
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Reduce the Threat of Fraud on Capital Construction Projects with Automated Review and Approval Tasks
The construction industry is one of the industries that continue to suffer from the high cost of fraud. By definition,...
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Using A PMIS to Capture, Document, Analyze and Review All Delay Events
Prolongation and extension of time claims for delay events and disruptions under construction contracts are becoming the growing trend in...
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Would It Make Any Difference for the Successful Delivery of Your Capital Construction Project If You Would Have Been on Top of All Potential Change Events As Soon As Someone Could Have Expected Their Occurrence?
One of the key challenges that face those involved in capital construction projects is how fast they can be alerted...
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