What Are the Key 4 Signs to Tell You that Your Reported Capital Construction Projects’ Performance is Not Trustworthy?

For entities who are involved in delivering capital construction projects, senior executives continue to depend on others to prepare their periodical progress reports of the achieved projects’ performance. In other words, those executives have no other choice but to accept the projects’ performance reports being shared with them to give Read more…

How Can Organizations Take Advantage from Their Past and Current Experience in Managing Change Orders to Build an Unbiased Assessment of Schedule and Cost Impact of Change Order Risks as well as Their Occurrence Likelihood on their Capital Construction Projects’ Portfolio?

Similar to any risk assessment, assessing the exposure of change orders risk on a capital construction project requires assessing the likelihood of the risk occurrence as well as the impact that this risk could have on the project’s completion date and budget should it occur. To improve the occurrence likelihood Read more…

What Measures Should Project Owners Take to Prohibit Contractors from Abusing the Request for Information Business Process on Capital Construction Projects?

In capital construction projects, a request for information (RFI) is a formal business process in which the contractor seeks clarification of plans, specifications, bill of quantities, and agreements from the consultant. While this process sounds straightforward, RFIs could be abused and become a source of delay, expense, conflict, and even Read more…