Costs

Using Project Management Information System (PMIS) for a Real-Time Single Version of the Truth Cost Value Reconciliation (CVR) Report

Cost Value Reconciliations (CVR) are carried out in order to monitor, evaluate and report expenditures against budgets to ensure that construction projects are completed within budget. The Cost Value Reconciliation (CVR) is a measurement of the actual costs incurred on a project for which they are compared against the value Read more…

By PMWeb, ago

Ensuring Transparency for Monitoring, Evaluating, and Reporting the Funding of Capital Projects Troubled by the Coronavirus Pandemic

Governments across the globe have already allocated trillions of dollars in financial aid to be provided to organizations who have been negatively impacted by the COVID-19 pandemic. Some of the financial aid will also benefit capital projects that were troubled by this pandemic. This will be made available usually by Read more…

By PMWeb, ago

Transparent Process for Tracking Allocated Short-Term Funds for On-Going Capital Construction Projects that Need to be Slowed-Down

One of the key challenges facing Municipalities, Public Works Departments and other public sector entities who are involved in delivering capital construction projects is managing the short-term allocation of available funds across their projects’ portfolio. Those are projects that were already approved and have approved budgets for which required funds Read more…

By PMWeb, ago