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Costs Module Article - PMWeb Blog
Written by
Kara
| March 01, 2007
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How Cost-Loaded Schedules and Project Management Information System (PMIS) Provide A Real-Time Single-Version-of-the-Truth Earned Value Management Report
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The use of what is known as the cost-loaded schedule within construction project management software to establish the value of...
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Navigating Change: Minimizing Impact on Projects During PMIS Adoption
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One of the key requirements when it comes to delivering capital construction projects is how to have a trust-worthy, auditable,...
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Navigating Resistance: Strategies for Overcoming PMIS Objections
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Indeed, a project manager's ability to effectively manage uncertainty through construction management software project management and stay informed about project...
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Real-Time Single Version of the Truth Awarded Contracts Financial Performance and Status
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To conclude the benefits that digital transformation could bring to an organization and before they commence their journey for the...
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Getting the Needed Construction Project Documentation to Help Your Construction Claims
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My first exposure to construction claims was back in 1982 when I was doing my post-graduate studies in Construction Management...
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Cost Management
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Cost Performance of FFE Procurement Contracts
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The procurement of FF&E (furniture, fixtures & equipment) has a major role in the success or failure of an interior...
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Assets
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COVID Help Spending Rationalization in the Public Sector
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No one can deny that the Work-From-Home (WFH) practice that emerged as one of the requirements to reduce the spread...
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Managing, Monitoring, Evaluating, and Reporting the Assets Identification and Assessment Phases for Capital Construction Projects Recapitalization Programs
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One of the growing requirements for capital construction project owners and investors is how to maintain an efficient and safe...
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Cost Management
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Getting Paid for Deliverables
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Regardless of your project type or size, each project creates deliverables, which are simply the results of the project or...
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Contract-Based Earned Value Management (EVM) Analysis for Capital Construction Projects
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When it comes to delivering capital construction projects, it is a very common practice that project owners transfer the risk...
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Enforcing a Transparent Process for Keeping Track of Allocated Short-Term Funds for On-Going Capital Construction Projects that Need to be Slowed-Down
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One of the key challenges facing Municipalities, Public Works Departments, and other public sector entities that are involved in delivering...
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Expediting the Issuance of an Auditable and Traceable Statement of Final Account
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Regardless of the type of contract agreement used on a construction project, the final account is the conclusion of the...
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Monitoring, Evaluating and Reporting on Engineer’s Instructions
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Under the FIDIC contract, Clause 3 deals with the duties and obligations of the Engineer and his assistants. Under Sub-Clause...
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Using Project Management Information Systems to Digitally Transform the Project Management Office (PMO) Processes for Public Sector Entities Delivering Capital Construction Projects
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The growing demand for transparency and accountability in delivering capital construction projects by public sector entities has enforced many of...
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Would It Make Any Difference for the Successful Delivery of Your Capital Construction Project If You Would Have Been on Top of All Potential Change Events As Soon As Someone Could Have Expected Their Occurrence?
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One of the key challenges that face those involved in capital construction projects is how fast they can be alerted...
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How Can Capital Construction Project Owners Launch A No-Nonsense Integrated Cost Management Solution in One Day?
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If you are a project owner who invests in capital construction projects, you fully understand that having a real-time single...
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Using Technology to Improve the Cost Estimating, Revenue Capturing and Actual Cost Incurred of Engineering and Design Deliverables on Capital Projects
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For engineering and design consultants, using traditional cost estimating tools that are usually configured for estimating the cost of a...
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The Single Version of Truth for Capital Construction Projects’ Commercial Performance for Real Estate Developers
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For real estate developers, private equities and other entities who invest in capital construction projects always need to have a...
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Managing, Monitoring, Evaluating, and Tracking Joint Measurement Records on Construction Projects
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Whether the construction contract agreement is a lump sum contract or remeasured contract, one of the processes that will be...
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Cost Management
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Can Forensic Audits Help Recovering Funds Associated with Fraudulent Activities on Capital Construction Projects?
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Financial losses during the implementation of capital construction projects arising from fraudulent activities can reach up to 45% of the...
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