Tony

The world’s top organizations are selecting PMWeb because of its comprehensive features, functionality, and ease of use. Since 2007, PMWeb has been used by tens of thousands of users to manage their Plan | Build | Operate lifecycles.

Having a Report Worth Thousands of Words for Communicating Schedule and Cost Performance Status of Capital Construction Projects

For many capital construction projects’ stakeholders and in particular executive stakeholders, they always need to know whether a project is facing cost overruns and/or delays in completion date in order to have an accurate cost performance. The earned value method (EVM) provides a proven solution to answer those two critical Read more…

By Tony, ago

Why Digitizing Project Management Business Processes for Capital Construction Projects Is the Only Way Forward To Survive?

No one can deny that the fourth industrial revolution 4.0 (Industry 4.0) will impact all industries including the construction industry. One of the areas that forces the digitization is managing the delivery of capital construction projects. Not only do digitalized business processes improve the efficiency, transparency, and accountability in performing the hundred-plus Read more…

By Tony, ago

How to Provide a Better Prediction of the Possible Estimate to Complete (ETC) Value for Capital Construction Projects

For those who use the Earned Value Management (EVM) method on capital construction projects, the Estimate to Complete (ETC) measure provides them with the basis for calculating the Estimated at Completion (EAC) and Variance at Completion (VAC) measures. Nevertheless, the Estimate to Complete (ETC) measure needs to be adjusted to Read more…

By Tony, ago