Whether the construction contract agreement is a lump sum contract or remeasured contract, one of the processes that will be needed on those projects is the Joint Measurement Record, also known as Joint Measurement Sheet (JMS). TheJoint Measurement Record is used to capture the details of extra work recorded at Read more…
Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the project budget (Source: Association of Fraud Examiners, Russian Branch). In general, funds spent on capital construction projects are considered a sunk cost. A sunk cost refers to money that has Read more…
One must admit that the COVID-19 pandemic lockdown has allowed many of us to attend events that usually we could not spare the time to attend. One of those recent events that I have enjoyed attending was titled “The Dangers of Dirty Data and its Consequences” which was hosted by Read more…
