Category: Blog

You will rarely find any construction project, regardless of its size, type, location or duration that does not require having meetings between the project parties. Meetings are scheduled gatherings of individuals for stated purpose, to discuss and act upon matters of common interest. Meetings serve valuable purpose in the project to effectively communicate information, exchange…

Gross development value (GDV) is one of the most important performance metrics that all investors and property developers closely monitor and evaluate when building their project assets. The gross development value of a property investment project gives a near accurate figure of what that property or real estate development project may be worth when all…

Although for those who are involved in investing in capital projects have many criteria to decide if the project opportunity worthwhile investing in or not, nevertheless, two of the most important measures that will always appear on this list are the Risk Attractiveness and Internal Rate of Return (IRR). Those interrelated measures identify the organization’s…

Monitoring and evaluating financial progress for PPP project as presented in the previous article, is crucial but not enough. In addition to financial aspects, a successful PPP project delivery requires monitoring and evaluating physical, schedule, risk, issues among other aspects of a project. PMWeb project management information system (PMIS) will provide the two parties of…

According to a joint report published by JLL and DLA Piper, public-private partnerships (PPPs) are increasingly being used in Saudi Arabia as a platform to encourage more private-sector engagement in different sectors including real estate. PPPs are considered as a key component of the country’s National Transformation Programme (NTP), which aims to increase the percentage…

By nature, capital projects delivery involves different entities for which each have part of the project’s scope to deliver. For example, multiple contractors and subcontractors could be part of a specific project or even a program delivery. An interface is the place at which independent systems meet or communicate with each other. For example, flange…

If you still believe that construction claims can be won on merits alone, then you are mistaken. No one can deny that construction claims in the GCC in particular and globally in general are on the rise. The decline of new project awards, delivering projects at very low profit margins, liquidated damages claims for late…

Almost each one of us will need during his or her as a project management team member to make decisions, of various importance, that could impact the project objectives. Also, almost all of us would agree that lacking the access to trust worthy real-time data will limit our ability to have the insight to make…

For many organizations who are in particular involved in delivering engineering and construction projects, find that their projects tend to remind them of the Blind Men and the Elephant Story. It is very common to find that within each project, there are groups that will focus on capturing, analyzing, monitoring and evaluating the processes that…

Valuable and critical information get generated every day during capital projects delivery. Information that relates to financial, technical, administrative and other aspects needed to manage the project get generated by the different entities involved in this delivery. Some of the information could be formal and have contractual implications if not managed in accordance with the…