Portfolio

How Can Entities Involved in Capital Projects Delivery Start Taking Advantage of Artificial Intelligence When It Comes to Managing Their Projects?

Artificial Intelligence (AI) and Big Data are closely interconnected as AI is the output of Big Data. The intelligence results from the processed everyday data captured during capital projects delivery life cycle phases. Therefore, to start taking artificial intelligence, those entities need to start building their big data. They need Read more…

By PMWeb, ago

Traffic Light Performance Reporting for Capital Projects

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…

By PMWeb, ago

Capturing Supervision Consultant Overtime Charges for Supervising Contractor’s Activities in Construction Projects

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…

By Tony, ago