Final Accounts for capital construction projects are prepared to show the final cost of projects that have been completed by the contractors. Final Accounts include the costs associated with rectifying defects identified during the defect liability period, all scope of work additions, alterations, deductions resulting from project changes, and other Read more…
One of the key objectives for any project and in particular capital construction projects is the contractor’s compliance with achieving the quality standards specified for installed materials and equipment as well as the quality of workmanship in completing the project’s scope of work. Similar to other project management objectives, there Read more…
Whenever an entity wants to deliver a project including a capital construction project, one of the first documents that get created is the integrated project delivery plan that will map the complete project life cycle stages and the deliverables that need to be created, reviewed, and approved within each stage. Read more…
