Having a reliable, accurate and current cost database is a must requirement for having an accurate project cost estimate which is the basis for setting the project budget, preparing the project feasibility study, securing needed project funding, and assessing procured commitment contracts. Unlike the detailed cost database used by contractors, Read more…
For project-centric organizations, there is always an ongoing demand for new project ideas, known as initiatives, to achieve the organization’s strategic objectives. Different business units request those initiatives to identify what investments they need to achieve the strategic initiatives to be undertaken by the organization. Those requested initiatives, if approved, Read more…
The disruption caused by the Covid-19 pandemic on capital construction projects will continue to be noticed in 2021 and years to come. Governments’ unexpected massive spending to respond to the damages caused by the pandemic had necessitated many governments to enforce budget cuts for currently approved capital construction projects. This Read more…
