Risk Issue Management

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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?

PMWeb

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 Banks and Financial Institutions Use Technology to Address and Manage the Challenges of Managing Construction Projects Credit Risk?

Tony

Credit risk is the potential risk that a bank borrower will fail to make payments by agreed terms. Credit risk management practice...

Blog Performance Reporting Project Management Office (PMO) Risk Issue Management

How Document Templates and Pre-Defined Values Lists Help Communications on Multi-language Construction Projects?

Tony

For organizations that are involved in delivering capital projects in non-English speaking countries, understand that in many cases, formal project...

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Setting Warning Alerts for Project Management Processes’ Performance in Capital Projects

PMWeb

One of the key benefits of having a Project Management Information System (PMIS) like PMWeb to manage the different project...

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The Need for Having Standard Best Practices Checklists to Identify the Risks Needed to Assess the Bankability of Capital Projects

Tony

A bankable project is a project that has sufficient collateral, future cash flow, and a high probability of success, to...

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How Can Project Management Information Systems Stop Bullying on Construction Projects?

Tony

Those who are involved in delivering construction projects can often report the many bullying incidents that have either taken place...

Blog Project Management Office (PMO) Risk Issue Management

Using Project Management Information Systems (PMIS) To Support the Critical and Challenging Role of Internal Audit for Capital Projects

Tony

The growing concerns about committing fraud on capital projects have led many public and private sector organizations to increase the...

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Monitoring, Evaluating, and Reporting the Delivery Stage Tsunami Early Warning Indicators of Public-Private-Partnership (PPP) Projects

Tony

For Public-Private-Partnership (PPP) Projects, after the successful conclusion of the procurement stage and financial close, the delivery stage commences. This...

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Monitoring, Evaluating, and Reporting Risks and Issues on Public-Private-Partnership (PPP) Projects

Tony

Similar to all other capital construction projects, the execution of Public-Private-Partnership (PPP) projects has many risks. The risks involved in...

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Monitoring, Evaluating, and Reporting the Life Cycle Stages Deliverables of Public-Private-Partnership (PPP) Projects

Tony

The execution of Public-Private-Partnership (PPP) Projects goes through several stages known as the PPP Project Life Cycle Stages. For example, those...

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Managing, Monitoring and Reporting Issues Resolution in Capital Projects Delivery

PMWeb

Unlike project risk which is the possibility of a problem that has not occurred yet, and if it occurs it...

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The Need for Instituting Grievance Management on the Delivery of Capital Construction Projects

Tony

The study titled "Grievance Management and Project Performance: A case of the Second Kampala Institutional and Infrastructure Development Project" by...

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Using Project Management Information Systems to Rebuild the Project Records and Documents for Forensic Delay Analysis on Construction Projects

Tony

Rarely will you find a construction project that does not require carrying forensic delay analysis either to claim a delay...

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How to Manage the Project Control System Delegation of Authority to Increase Accountability While Performing Project Management Processes

Tony

Regardless of the size, type, or location of a construction project, there are always authority approval levels set for each...

Project Control Systems (PCS) for Construction Projects

Tony

Today, and more than ever, project owners, project management consultants, supervision consultants, and contractors are required to adopt best practices...

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Can Individuals be Accused of Fraud for Deceitful and/or Unauthorized Review and Approval Actions on Capital Construction Projects?

Tony

By definition, fraud is the crime of deceiving someone in order to secure unfair or unlawful gain or something else...

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Digital Transformation to Enable Proactive Project Risk Management and Reporting

Tony

Uncertainties are inherited in every project delivery and in particular capital construction projects. By nature, projects are all about committing...

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Evaluating and Shortlisting Capital Investment Opportunities Using Profit Investment Ratio (PIR) and Risk Exposure Measures

Tony

When it comes to evaluating and shortlisting capital investment opportunities, an organization needs to consider selecting and investing in them...

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Why Most Updated Schedules for Capital Construction Projects Might Not Be That Perfect

Tony

One of the great challenges on capital construction projects is how frequently the project schedule needs to be updated. The...

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How Can the Project Management Team Estimate the Appropriate Contingency Reserve Amounts for Capital Construction Projects?

Tony

Project contingency reserve is the amount to be added to the project’s baseline budget to cover the monetary impacts of...