February 2024

Earned Value Management (EVM)

Earned Value Management Concept (EVM)

Earned Value Management Concept (EVM) EVM stands for Earned Value Management. It is a project management technique that integrates scope, schedule, and cost to assess project performance and progress. EVM provides a set of metrics that help project managers track the performance of a project against the baseline plan. The key components of EVM include: […]

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How to minimize Claims? Some strategies to minimize construction claims.

How to minimize Claims? Some strategies to minimize construction claims.

Claims in Construction are often inevitable, but following some measures, we may minimize Claims to some extent. Here are some strategies to help minimize construction claims: Clear Contract Documents: Develop comprehensive and clear contract documents that clearly define the scope of work, specifications, schedules, and payment terms. Clearly outline the responsibilities of each party involved,

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EOT(Extension of Time) claim process involves following steps

EOT(Extension of Time) claim process involves following steps

𝗘𝗢𝗧 (𝗘𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝗧𝗶𝗺𝗲) 𝗰𝗹𝗮𝗶𝗺 𝗽𝗿𝗼𝗰𝗲𝘀𝘀 involves several steps to properly document and justify the need for an extension to the project completion date. Here’s a general outline of the EOT claim process: 𝟭. 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗗𝗲𝗹𝗮𝘆 𝗘𝘃𝗲𝗻𝘁𝘀:• Identify and document all events or circumstances that have caused delays to the project schedule. These could

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