No one can deny that the fourth industrial revolution 4.0 (Industry 4.0) will impact all industries including the construction industry. One of…
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PMWeb Blog
Where Technology and Construction Merge
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…
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Why Daily Reports Could Be the Best Tool to Verify the Accuracy of the Estimated Material Resources Quantities on Capital Construction Projects
One of the major dilemmas that face contractors on construction sites is how to verify that the estimated material resources…
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Why It is Crucial to Associate CRM Data with Project Management Information Systems (PMIS) Data for Real Estate Development Projects
Regardless of the CRM solution selected by a real estate developer, there is always a requirement to associate the captured…
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The Fourth Industrial Revolution 4.0 (Industry 4.0) and its Impact on Managing the Execution of Capital Construction Projects
So much has been written and said on how the fourth industrial revolution 4.0 (Industry 4.0) will impact the delivery…
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Calculating, Monitoring, Evaluating and Reporting Project Schedule Performance Index on Capital Construction Projects
The paper written by Bahaa Hussein and Osama Moselhi on "Performance Reporting Using Schedule Compression Index" has detailed a number…
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Managing, Monitoring, Evaluating, and Reporting on the Funding Limit Reconciliation for Capital Construction Projects
Funding Limit Reconciliation for capital construction projects is the process of comparing the planned expenditure of project funds against any…
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Monitoring, Evaluating, and Reporting on the Performance Factor Indices (PFI) for Earned Value Management (EVM) on Capital Construction Projects
For some of those who are involved in the Earned Value Management (EVM) reporting on capital construction projects, continue to…
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How Can Data Granularity Help in Getting the Best Out of Intuition and Data-Driven Decision-Making on Capital Construction Projects?
For many experienced stakeholders, intuition can provide a spark that starts the need to make a decision. Nevertheless, it's only…
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Possible Performance Reports Available for Stakeholders on Capital Construction Projects
For a trustworthy, credible, and traceable performance reporting on capital construction projects, the reporting should be bottom-up. Therefore, Level 4…
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What Information is Needed for the Detailed Performance Reporting Level on Capital Construction Projects?
For a trustworthy, credible, and traceable performance reporting on capital construction projects, the reporting should be bottom-up where Detailed Reporting…
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Monthly Progress Report Checklist for Comprehensive Performance Report of Capital Construction Projects
Reporting the performance of capital construction projects is a must requirement regardless of the project type, size, phase, or even…
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Real-Time Single Version of the Truth Revenue and Income Recognition of Capital Construction Projects Using the Percentage of Completion Method
Many Real Estate Developers use the percentage of completion method to calculate the amount of revenue and therefore income that…
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How Can Executives Identify Fraud Actions in Payments for Interim Progress Invoices on Capital Construction Projects
One of the key issues associated with the execution of capital construction projects is the delayed payment of interim progress…
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How to Improve the Monitoring, Evaluating and Reporting Progress Information of Work Tasks in Fit-out and Refurbishment Projects
Fit-out and refurbishment projects are in growing demand not only to address the branding and image requirements of an organization…
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Are You Using the Wrong Actual Cost (AC) Value for Earned Value Management (EVM) Reporting on Capital Construction Projects?
For those involved in capital construction projects whether those projects were Engineering-Procurement-Construction (EPC), Design-Build (DB), Design-Bid-Build (DBB), Build-Operate-Transfer (BOT), Public-Private…
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How to Provide Senior Executives with a 360-Degree Contractor Performance Evaluation Report on Their Capital Construction Projects
When it comes to executing capital construction projects, the monthly contractor performance evaluation report is one of the important communications…
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Getting Senior Executive Stakeholders to Become More Engaged in Real Estate Development Projects
No one can deny that getting the support of senior executive stakeholders for a real estate development project has a…
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How to Have a Reliable and Traceable Estimated Labor Resources Cost at Completion on Capital Construction Projects
For most capital construction projects, the labor planning and efficiency reporting mainly focuses on the planned, earned, actually spent, estimate…
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Monitoring, Evaluating and Reporting the Performance of Linear Capital Construction Projects for Executive Stakeholders
For executive stakeholders of entities involved in delivering linear capital construction projects, they are always keen to have a single-page…
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