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Third Party Funding of Construction Claims Preparation and Pursuance: The Threats they Bring to Project Owners, Opportunities for Contractors and New Business Offerings for Claims Consultants

The recent trend of third-party entities providing funding for contractors to prepare, submit and pursue their claims settlement could result in massive threats to project owners where they can now expect drastic increase in bullet-proof claims submissions by contractors. In addition, this trend will bring opportunities for contractors who can Read more…

By PMWeb, ago

Monitoring and Evaluating a Scaffolding Inspection on Construction Sites

On construction sites, working with scaffolding can be dangerous as it involves dangers of getting weakened if inappropriately erected. To minimize the danger and avoid an accident occurring, it is essential to perform a complete inspection of the scaffolding on weekly basis. To ensure having a comprehensive inspection, it is Read more…

By PMWeb, ago

Using the Balanced Scorecard (BSC) for Monitoring, Evaluating and Reporting Capital Projects Performance

Senior management within organizations involved in delivering capital project investments is always faced with the challenge of having an objective yet comprehensive and meaningful performance status reporting of their projects’ portfolio. Although there could be many ways to report projects’ portfolio performance for which some might agree. In contrast, many Read more…

By PMWeb, ago