Insights

Both are variations of a Construction Only contract structure, where the contractor is only responsible for the construction work, without being involved in the design and engineering process or construction management. What is the difference between EPC and EPCM?

Power BI provides transparent insight into your construction project by converting data into a clear dashboard. Power BI makes this visual, making the most important achievements clear at a glance.

The FIDIC Yellow is an international set of standard terms and conditions applied to "design & build" contracts.

Are the items contingency and management reserve the same? In practice, there is much confusion about the contingency and management reserve items.

Many projects face events that prevent the timely delivery of a project and then face delay claims. How do you prevent or mitigate delay claims? And if it does happen, what steps do you take?

In practice, we observe that the terms delay, disruption, and inefficiency are used in various ways. Therefore, a brief explanation of the definitions in line with international literature in this field.

On construction sites, we regularly see schedules that nobody looks at. As a project planner, how do you ensure that the project schedule is used by all members of the project team?

In this best practice, we outline the methodology for determining delay by cause (event).

Many project organisations consider work in progress discussions to be ineffective because the focus is only on gathering information for financial reporting.

At the start of every project, it is important to include project risks. How do you include risks in the forecast?

For large construction projects, there are three payment methods; automatically, by progress and on work package.

In these extraordinary times, cash flow management is at the top of many companies' agendas.

By aligning the budget with the planning, it is still possible to make timely adjustments and prevent budget and time overruns. How do you handle this?