Using PMWeb for its capital construction project management software, Hill International leads the construction management of the Grand Egyptian Museum, the biggest archaeological museum ever created, scheduled to house the greatest collection of artifacts from Ancient Egypt.
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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 project risks or uncertainties. Project contingency reserve is established for each project based on the Read more…