Why Public Sector and Publicly Listed Entities Need to Implement Proactive Internal Audit for Their Capital Construction Projects

Many project owners and in particular those from the public sector or publicly listed companies have the requirement to conduct an internal audit on their capital construction projects. Although the trend for most of those project owners to conduct this internal audit after project completion, nevertheless, conducting an internal audit Read more…

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 common practice is to update the project schedule on a weekly basis. Bi-weekly or monthly schedule updates proved to be too long and fail to provide meaningful schedule delay alerts Read more…

Cost Breakdown Structure (CBS) for Capital Construction Project Revenues 

For most of those involved in delivering capital construction projects, the cost breakdown structure (CBS) or cost accounts mainly focus on the cost for delivering the project’s real estate investment. The cost breakdown structure details all soft and hard costs required to deliver the project including the costs associated with Read more…