Assets

The Need for Property Owners to Have A Real-Time Single Version of the Truth of the Particulars and Status of All Assets they Own and/or Control

Property owners in the private and public sectors need to have real-time status of all their existing capital assets and what projects are being executed to produce new capital assets when they are completed. Those property owners could include real estate developers, banks, retail chains, supermarkets, fast-food chains, education providers, Read more…

By PMWeb, ago

How Can Contractors Increase the Value of Opportunities that Third-Party Funding of Construction Claim Preparation and Pursuance Will Bring to Them?

In our last article, we have addressed the actions that project owners need to undertake to reduce the threats associated with the recent trend of third-party entities providing funding for contractors to prepare, submit and pursue their claims settlement. In this article, we focus on the actions that contractors need Read more…

By PMWeb, ago

Capturing and Documenting As-Planned Schedule, As-Built Schedule and Periodical Updates Needed for the After-the-Fact Schedule Delay Analysis Methods on Construction Projects

On construction projects, schedule delay claims that affect the project completion date are becoming a common event. Those are the delays that are beyond the contractor’s control. The events that entitle the contractor to delay claims are normally specified in a contract provision. For example, in the FIDIC Red Book, Read more…

By PMWeb, ago