Assets

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

Economic, Social and Environment Sustainability Assessment Checklist for Capital Projects

There is a growing trend among project owners involved in delivering capital projects to incorporate sustainable development principles into their projects. A sustainable assessment checklist will help those project owners ensure that decisions taken in developing the project have been assessed against recognized sustainability criteria. The checklist can screen the Read more…

By PMWeb, ago