Project Management Archives - Page 5 of 5

10 Best Practices for Successfully Managing a Capital Project

Effective management of planning and execution of a project can be intimidating. Ensuring its timely completion within budget and meeting stakeholders’ expectations is not a piece of cake and requires exceptional skills. Highly proficient professionals are great at managing stakeholder engagement, proactively preventing scope creep, and reducing risks, while sustaining the fundamentals of project management. …

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How can an effective resource management program impact your project success?

By Team OnIndus

Resource management includes all the planning and scheduling techniques making sure that everyone has access to the required resources in order to meet an objective. It helps organizations allocate people, money and technology in a way that can magnify its value. The availability of the right resources at the right time for the right project …

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Top 10 Features of Project Management Information Systems

By Team OnIndus

Project managers are accountable for countless responsibilities, starting from planning and scheduling critical operations to managing budgets and resources. But most importantly, they are responsible for keeping the entire project on track concerning cost and timeline. Without centralized control over the distributed project operations, it can be overwhelming for the project manager to maintain their …

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How to Select a Project Management System for an Owner?

By Sid Shah

Operating a construction company or successfully handling a construction project is not everyone’s cup of tea. It takes a lot of effort, research and analysis, and prudential decisions on time to make sure the project meets the defined goals. Construction owners juggle establishing a balance amidst the interest and preferences of customers, regulators, and multiple …

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Digital transformation in Construction Industry

By Stephen Sproul

What is Digital Transformation in the Construction Industry? The construction business operates in a highly competitive environment that requires constant innovation and efficiency. The frequent usage of digital technology such as BIM, data analytics, GIS, LIDAR in the design, building, and operation phases of projects has expanded in recent years. Several challenges surface in the …

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How The Construction Industry Can Adapt Digitally To COVID-19

By Sid Shah

COVID-19 has turned our “normal” upside down and the word every industry fears – RISK – has become a part of daily vocabulary. More than ever, organizations are quickly adapting and shifting the way they do business. As they do this, they are relying on their partners to continue to be by their side supporting …

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Identify Opportunities for Efficiency. If you already have, FIND MORE!

By Martin Aztiazarain

Over the past two decades, the construction industry has seen significant advancements in the way it manages progress and performance with the utilization of cutting-edge data collection and reporting applications. Projecting cost overruns and forecasting risk associated with the schedule of a project has enabled large capital construction programs to have a better understanding of …

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Mitigating Insurance Risk In Your Portfolio

By Martin Aztiazarain

Capital Improvement Programs (CIP) consist of multiple moving parts, people, and processes. In fact, the majority of work performed on an owner project is delivered by contractors and vendors from multiple, external, companies. To protect against astronomical fees that can result from injuries, property damage, and misunderstandings between parties, each contractor and vendor that is …

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A Driver for Building Construction Project Management

By Sid Shah

Project Management is a comprehensive report that explains the function of project management within construction, and discusses its increasing importance. Here’s what you can expect from Construction World’s ‘Project Management 101’: What is meant by construction project management Modern project management strategies The industry’s best project management companies Project management tools and software Information on construction …

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Tip 1: Identifying Observations & Uncovering Risk

By Martin Aztiazarain

Most owner project management information system (PMIS) for large scale capital construction projects manage data such as supporting documentation and information as supplemental information related to the project, rather than noting it as a key data point of critical information. Take a simple project observation. Most systems collect the standard information, such as the description …

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10 Best Practices for Successfully Managing a Capital Project

Project Management

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