A surety bond in construction typically involves three parties: the surety (the insurance company), the contractor (principal), and the owner (Obligee). It is a complex relationship in that three parties…
Category: Announcements
The Cost-effective Benefits of Outsourcing Construction litigation: Intro
Construction litigation occurs when a construction company and their client cannot resolve a dispute or a claim is filed. This can involve a breach of contract, fraud, negligence, or failure…
What is Primavera P6: A Brief Introduction
Primavera P6 is one of the most commonly used critical path-based planning software. The tool allows project managers to break large scale, complex projects into smaller projects, tasks, or activities.…
Critical Path Method: How to Use CPM for Project Management
The Critical Path Method (CPM) – also referred to as critical path scheduling – is the most widely used construction scheduling methodology. The benefit of using CPM scheduling is to…
The Importance of Scheduling Updates
Schedule updates are an integral part of the project management process. When updating schedules, project managers record, estimate, and compile data that enables them to track progress while comparing against…
What Are the Initial Stages of Building a Schedule?
The baseline schedule is a critical planning tool for any construction project and is essential to be developed before any actual physical construction begins. It clearly lays out the foundation…