How Can Project Owners Accurately Estimate, Monitor, Evaluate and Report Their Organization’s Allocated Costs to the Project Capital Construction Projects Delivery?

Project owners who are actively involved in delivering their capital construction projects portfolio understand that their own organization costs allocated to those projects can be very high when compared against the overall budget cost of those projects. Those would include the direct cost of the professional resources assigned to project Read more…

Why Contractors Should Give Great Care in Estimating, Monitoring, Evaluating, and Reporting Preliminaries on Capital Construction Projects

One of the common line items of every single capital construction project’s bill of quantity or schedule of values is preliminaries. Those are the cost of operating the construction project and would typically include the cost of  Site staff, including the project manager, engineers, foremen, quantity surveyors, office manager, storekeeper, Read more…

How Can a Project Management Information System Support the Building of the Perfect Project Control Organization for Capital Construction Projects?

The paper titled “Skills and Knowledge Requirement for Project Control Professionals” by Allan Crow, Vincent Sovis and Harish Chopra provides a comprehensive outline of how organizations can build their project control team for capital construction projects. The paper aims to specifically address the skills and responsibilities for the various project Read more…