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Tips and Tricks on Unit Price Contracts
March 25, 2024
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Read In 7 Minutes Unit Price contracts are a common way for owners to define the structure of how a project is quoted and
Category: Project Estimation
Got Projects Going Over Budget?
November 25, 2022
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Discover 5 key elements to avoiding cost overruns on major construction projects.
Linking Budget and Schedule – it’s a Challenging Task
April 8, 2015
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One of the first principles of project controls is that the project budget has to be time-phased over the duration of the project. Here’s why:
Should you Adopt Standards for Project Controls and Procurement?
October 23, 2013
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I was visiting a client yesterday helping them get started with some new projects they were planning. They’re a fairly new client and are still
Are we nearing the end of Cost Reimbursable?
February 4, 2013
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Get Ready for Convertible Price Projects When we see quotes like this from the Globe and Mail, “Investors are increasingly applying pressure on oil companies
Time Phased Budgeting For Cash Flow Visibility and Risk Management
August 27, 2012
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Why time-phase the project budget? The challenge with any project budget that doesn’t utilize the advantages of time-phasing, is that the project manager won’t know
Ask the ‘Where Am I At’ questions
July 29, 2011
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Wanting to know where things are at during all stages of a project is a healthy thing to do. Whether you’re the owner, operator or customer,