In accordance with the Royal Institute of Chartered Surveyors (RICS), Post-Tender Budget, also known as Budget to Build or Project Budget, is an evolution of the project’s cost estimate, updated to reflect information not available when the estimate was first produced; an estimated plan of the cost to complete the Read more…
Having a single-version-of-the-truth financial performance reporting is one of the important, if not the most important, requirements when it comes to delivering capital construction projects. This single version of the truth reporting cannot be achieved if the required cost data are captured and stored in different data silos or simply Read more…
Although a Project Management Information System (PMIS) like PMWeb mainly manages the delivery of capital construction projects, nevertheless, organizations can also use PMWeb to enable an agile digital transformation of their current procurement and contract management practices. Each contract that needs to be managed by the procurement and contracts department Read more…
