Owners must manage capital projects well to keep costs under control and ensure a high-quality product is delivered on time. Good communication, sound procedures and processes, and high-tech tools can ...

Project controls monitor and adjust the cost, schedule and scope of a project to ensure that it is completed within budget, on time and as planned. Quality controls check to make sure that the result ...

In quality planning, the project manager defines and codifies the standards the project will be required to meet to be successful, and how those standards will be achieved and confirmed. Managers ...

Poor quality management can place a permanent stain on any project. To avoid this, the project manager must first determine how the client or the project sponsor defines quality--and then follow suit.

Rework is a colossal denominator in cost overruns worldwide, Marco Fahd, Chairman and CEO of Versatile International, told Zawya Projects. Almost 30 percent of construction budgets are wasted on ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Why is project management important? It unites clients and teams, creates a vision for a successful project, and gets all the stakeholders on the same page. To clients, project management seems like ...