The project’s responsibility assignment matrix (RAM) provides details of the entities and individuals involved in delivering the project. In addition,…
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PMWeb Blog
Where Technology and Construction Merge
Launching a Project in the Project Control System (PCS)
All projects that need to be managed in the Project Control System (PCS) must be added to the PCS applications,…
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Building and Managing the Project Control System (PCS) Team
Fulfilling the different project control system functions requires the formation of the project control team through either utilizing in-house human…
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The Project Control System (PCS) Applications
One of the key things that learned during four decades of being involved in the delivery of construction projects is…
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Project Control System (PCS) on Building Information Modeling (BIM) Enabled Projects
For projects where Building Information Modeling (BIM) is used by the contractor for developing the shop drawings (LOD 400) based…
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Digitization Vs. Digitalization of Project Control System (PCS) Functions
There is always a misunderstanding on the differences between digitization and digitalization of project control system (PCS) functions on construction…
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Project Control Systems (PCS) for Construction Projects
Today, and more than ever, project owners, project management consultants, supervision consultants, and contractors are required to adopt best practices…
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Digitalizing the Issued for Construction (IFC) Contract Documents as per the FIDIC Contract Agreement for Capital Construction Projects
The Issued for Construction (IFC) drawings are sets of detailed design drawings prepared by the Design Consultant and are an…
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Why Have a Real-Time Cost Ledger for Capital Construction Projects
By definition, a cost ledger is one of the books of account in a cost system to which entries are…
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Can Individuals be Accused of Fraud for Deceitful and/or Unauthorized Review and Approval Actions on Capital Construction Projects?
By definition, fraud is the crime of deceiving someone in order to secure unfair or unlawful gain or something else…
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Digital Transformation to Enable Proactive Project Risk Management and Reporting
Uncertainties are inherited in every project delivery and in particular capital construction projects. By nature, projects are all about committing…
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Managing, Monitoring, Evaluating and Reporting Performance of Provisional Sums on Capital Construction Projects’ Contracts
It is very common for many capital project owners to include provisional sums in their contract agreements. Provisional sums are…
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How Can Project Owners Accurately Estimate, Monitor, Evaluate and Report Their Organization’s Allocated Costs to the Project Capital Construction Projects Delivery?
Project owners who are actively involved in delivering their capital construction projects portfolio understand that their own organization costs allocated…
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Why Contractors Should Give Great Care in Estimating, Monitoring, Evaluating, and Reporting Preliminaries on Capital Construction Projects
One of the common line items of every single capital construction project’s bill of quantity or schedule of values is…
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How Can a Project Management Information System Support the Building of the Perfect Project Control Organization for Capital Construction Projects?
The paper titled “Skills and Knowledge Requirement for Project Control Professionals” by Allan Crow, Vincent Sovis and Harish Chopra provides…
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Evaluating and Shortlisting Capital Investment Opportunities Using Profit Investment Ratio (PIR) and Risk Exposure Measures
When it comes to evaluating and shortlisting capital investment opportunities, an organization needs to consider selecting and investing in them…
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Adopting a Paperless Strategy for Document Attachments on Everyday Communication Records on Capital Construction Projects
One of the common requirements on all capital construction projects is that most project related communications, require attaching different types…
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Why Real Estate Developers and Investors Should Have a Comprehensive Cost Breakdown Structure (CBS) that Maps the Complete Project Life Cycle Costs and Revenues for Their Real Estate Investment Projects
For real estate developers and investors including special purpose vehicles (SPV) created for Public-Private-Partnership (PPP) projects, the cost of delivering…
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Can the Tedious Accruals Estimate Requirement be Eliminated by Implementing a Project Management Information System?
One of the major challenges that face organizations that are involved in capital construction projects delivery is determining the actual…
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Visualizing, Analyzing, and Investigating Building Information Modeling (BIM) Enabled Connected Cost
Having a single version of the true financial performance reporting is one of the important if not the most important…
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