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Control Account Development - Integrating Cost, Schedule, Resources, and Risk

Control Account Development - Integrating Cost, Schedule, Resources, and Risk

December 21, 2024 · 12 min read

Control accounts act as the intersection where project scope is aligned with cost budgets and resource allocations, governed by a structured Work Breakdown Structure (WBS) and Organizational Breakdown Structure (OBS). Best practices emphasize the need for a dynamic and iterative approach to project controls, wherein continuous planning and adjustments are made to address real‑time project challenges. Successful project management necessitates an iterative and concurrent approach to cost and schedule planning to ensure that all project variables are harmonized. By doing so, project managers are better equipped to predict potential risks, allocate resources efficiently, and adjust plans based on real-time performance data.

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Employer's Guide to Reviewing Extension of Time (EOT) Claims and Granting EOT

Employer's Guide to Reviewing Extension of Time (EOT) Claims and Granting EOT

March 27, 2024 · 31 min read

Evaluating EOT claims in construction projects is a complex process that requires a structured and comprehensive approach. By understanding the contractual basis for such claims, employing robust delay analysis techniques, and thoroughly examining all supporting documentation, employers can make informed decisions that protect their interests while maintaining fairness and professionalism.

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Insider Strategies to Sidestep Costly Misrepresentation Claims

Insider Strategies to Sidestep Costly Misrepresentation Claims

March 27, 2024 · 13 min read

Misrepresentation claims can have significant implications for construction projects, leading to costly disputes, delays, and potential legal consequences. It is crucial for contractors and employers to be proactive in identifying and mitigating the risk of misrepresentation claims. This can be achieved through thorough contract review, site investigations, clear communication, and the engagement of legal counsel. By implementing preventive measures and establishing robust documentation practices, parties can minimize the likelihood of misrepresentation claims and better protect their interests.

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Mastering Claims Resolution Timing A Strategic Approach

Mastering Claims Resolution Timing A Strategic Approach

December 25, 2023 · 26 min read

The decision between pursuing early claims resolution or end-of-project settlement in construction projects is a complex one that requires careful evaluation of project-specific factors. Throughout this blog post, we've explored the potential benefits and drawbacks of each approach, providing practical insights to help construction professionals navigate this critical decision.

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Your Guide to Understanding Primavera P6 Database Schema

Your Guide to Understanding Primavera P6 Database Schema

October 10, 2023 · 11 min read

Primavera P6 by Oracle is one of the most widely used project management tools in industries like construction, oil & gas, infrastructure, and manufacturing. Familiarity with the P6 database schema is a superpower for schedulers, project controllers, and IT professionals alike.Whether you're building a custom dashboard, integrating with enterprise systems, or validating data for a high-stakes claim — the database is your ally. In this blog, we’ll explore what the P6 database schema is, why it’s important, and how you can use it to enhance reporting, automation, and integration efforts.

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