Capital project owners need to have an objective approach for monitoring, evaluating, and reporting their projects’ portfolio performance. Those project owners want to monitor, assess and report each project’s performance trend and benchmark their performance with good achievement metrics. Those project owners want this performance information to be available for Read more…
One of the common items in interim payment applications for construction contracts is the deductions for the engineering consultant team for the overtime and weekend hours spent in supervising construction activities that the contractor needs to carry out during those hours. The contractor would formally request for the same before Read more…
The Cost Plan is the outline of the estimated project cost for the required resources to complete all project activities. The term “project cost” refers to the total sum the project in question will cost the company. Those could include the costs associated with the project direct and indirect costs, Read more…
