PMWeb 7 Cost Worksheet Overall Status

Demystifying the Truth About Connected Cost for Financial Performance Reporting

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…

PMWeb Schedules forms Contract Managment Checklist

How to Use Procurement to Enable Agile Digital Transformation of Procurement and Contract Management in Organizations

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…

PMWeb 7 Procurement Portfolio Planning Estimates

Create and Maintain a Cost Database Using the Unit Price Rates of their Awarded Lump Sum Contracts

Unlike contractors who need to have a detailed estimate for the cost of labor and equipment resources, material, subcontract items and other type of project expenses, also known as the project’s input, to come with the cost estimate for a capital construction project, project owners are mainly interested in the Read more…