The Single Version of Truth for Capital Construction Projects’ Commercial Performance for Real Estate Developers

For real estate developers, private equities and other entities who invest in capital construction projects always need to have a real-time single version of the truth dashboard to monitor and evaluate the commercial performance status of those projects. The commercial performance dashboard needs to report on the project or projects’ Read more…

Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?

Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the project budget (Source: Association of Fraud Examiners, Russian Branch). In general, funds spent on capital construction projects are considered a sunk cost. A sunk cost refers to money that has Read more…

PMWeb 7 Actual and target Productivity Rates and Lost resource Hours by Trade

Enabling Real-Time Correlation Between Daily Project Events and Actual Productivity Rates of Work Trades on Construction Projects

One of the key challenges that face entities that are involved in delivering construction projects is how to have a real-time or an almost real-time reporting of the achieved key trade productivity rates along with the different project-related events that could have impacted those rates. This real-time reporting will not Read more…