One of the key progress reports that Contractors are obliged to submit on weekly basis is the updated procurement schedule which details all materials and equipment that will become permanent components of a project’s scope of work. The procurement schedule needs to be fully aligned with the project’s integrated schedule Read more…
One of the key challenges that faces contractors when it comes to delivering construction projects is how to determine the actual resource performance as it relates to productivity and overspending. Using time attendance systems including timesheets, RIFD and other advanced technologies are good for assessing the actual total resource hours Read more…
The Cost Plan is the outline of the estimated project cost for the required resources to complete all project activities. The term “project cost” refers to the total sum the project in question will cost the company. Those could include the costs associated with the project direct and indirect costs, Read more…
