Risk Issue Management

Would It Make Any Difference for the Successful Delivery of Your Capital Construction Project If You Would Have Been on Top of All Potential Change Events As Soon As Someone Could Have Expected Their Occurrence?

One of the key challenges that face those involved in capital construction projects is how fast they can be alerted of any event that could lead to a change in the project scope, schedule and cost. Whether you are a capital project owner or a contractor, having a process to Read more…

By PMWeb, ago

How Can Banks and Financial Institutions Use Technology to Address and Manage the Challenges of Managing Construction Projects Credit Risk?

Credit risk is the potential risk that a bank borrower will fail to make payments by agreed terms. Credit risk management practice aims to mitigate losses by maintaining credit risk exposure within acceptable parameters. In most countries, there are regulatory requirements to demand more transparency when it comes to managing credit risks. They Read more…

By Tony, ago

How Document Templates and Pre-Defined Values Lists Help Communications on Multi-language Construction Projects?

For organizations that are involved in delivering capital projects in non-English speaking countries, understand that in many cases, formal project communications need to be done in English, which tends to be a common communication language on capital projects across the globe, as well as the national language of those countries. Read more…

By Tony, ago