Plans

Setting Warning Alerts for Project Management Processes’ Performance in Capital Projects

One of the key benefits of having a Project Management Information System (PMIS) like PMWeb to manage the different project management processes is the ability to set alerts when the performance of selected project management differs from the set performance thresholds. Having said so, alerts in capital projects is unlike Read more…

By PMWeb, ago
Cost Estimates

Building the Capital Project Owners’ Cost Database to Ensure Sound Cost Estimates

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…

By Tony, ago

Managing, Monitoring and Tracking New Requests for Capital Projects

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…

By Tony, ago