Tools

How Can Investors in Capital Projects have a Real-Time Single Version of the Truth Solution to Monitor, Evaluate and Report the Financial Performance of their Investments Portfolio?

It is critical for entities who have selected to invest in capital projects, especially after the COVID-19 pandemic, to understand the high risks that those investments might encounter as well as the low return of investments they have to survive with. Although it is understood that executing a capital project Read more…

By PMWeb, ago

Using Cost Estimate Checklists to Ensure the Quality of the Estimated Capital Project Cost During the Engineering Design Phases

The Project Management Institute (PMI) Project Management Body of Knowledge (PMBOK®) defines cost estimate as the process of developing an approximation of the monetary resources needed to complete project activities. The key benefit of this process is that it determines the amount of cost required to complete project work. Cost Read more…

By PMWeb, ago

Ensuring a Complete Benefit Assessment Driven by Stage Gate Review and Approval in Delivering Capital Project Investments

For organizations who invest in capital projects, having tangible or intangible benefits on those investments is a must requirement. Those benefits could be in terms of financial return, improved productivity, reduced waste, socioeconomic benefits, creating new job opportunities, reducing pollution, complying with new rules and regulations, supporting strategic objectives among Read more…

By PMWeb, ago