Preliminary Estimating in Construction
Preliminary Estimating or Cost planning in project management is not just a part of the estimating phase of the project … Read more
Tender and Bid
This item was originally posted here: Read More Tender and Bid are common terms you come across when dealing with … Read more
What is critical path method?
This item was originally posted here: Read More Critical path definition What is the critical path method? The Critical Path … Read more
Full form of PERT : Project evaluation and review technique
This item was originally posted here: Read More Full form of PERT Yes, PERT is an acronym, same as NASA, … Read more
What is selective tendering?
This item was originally posted here: Read More Among various types of tendering methods, selective tendering allows only selected vendors … Read more
Why Work breakdown structure is No 01 important for a project?
This item was originally posted here: Read More Proper coordination and planning are the vital ingredients of a successful project. … Read more
Why Quantum meruit claims are controversial in the industry?
Quantum meruit meaning? “Quantum meruit” is a Latin phrase that means “as much as he has deserved.” A reasonable remuneration or … Read more
Why Quantum meruit claims are controversial in the industry?
Table of Contents Quantum meruit meaning? “Quantum meruit” is a Latin phrase that means “as much as he has deserved.” A … Read more
Project cash flow- Construction cost management
What we discuss here is, determining the actual flow of money for the contract duration by dealing with construction project … Read more
Design Problems & Design method
Strategy and classification of design problems The strategy is an essential factor in resolving any kind of a problem. As … Read more
Management contracting
Introduction Management contracting procurement method is using in large and complex projects. By using this procurement, method client can reduce … Read more
Design and Build Procurement/Design and Build Contracts in Construction
In the design and build contract/procurement method (also called as design and construct contracts), the contractor is appointed to design … Read more