Blog

Control Account Development - Integrating Cost, Schedule, Resources, and Risk
December 21, 2024 · 12 min read
Control accounts act as the intersection where project scope is aligned with cost budgets and resource allocations, governed by a structured Work Breakdown Structure (WBS) and Organizational Breakdown Structure (OBS). Best practices emphasize the need for a dynamic and iterative approach to project controls, wherein continuous planning and adjustments are made to address real‑time project challenges. Successful project management necessitates an iterative and concurrent approach to cost and schedule planning to ensure that all project variables are harmonized. By doing so, project managers are better equipped to predict potential risks, allocate resources efficiently, and adjust plans based on real-time performance data.
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Essential Strategies to Construction Claims Prevention: Building Strong Defences
October 10, 2024 · 31 min read
Claims prevention involves proactive measures taken throughout the lifecycle of a construction project to avoid disputes and minimize the risk of claims. These measures can be implemented during the design phase, contract preparation, and construction execution. The blog aims to identify potential issues early and address them before they escalate into formal claims.
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Understanding "Time is of the Essence" through Indian Construction Contract Case Laws
September 10, 2024 · 16 min read
"Time is of the essence" is a legal term used in contract law to signify that the performance by one party within the time frame specified in the contract is a critical element of the agreement. Under common law, performance time was not traditionally considered a material term of a construction contract unless explicitly stated by the parties. This blog discusses practical implication of "Time is of the Essence" in construction contracts with Indian Case Law Examples.
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Mastering Liquidated Damages: A Comprehensive Guide for Construction Contracts
August 10, 2024 · 26 min read
Liquidated damages are intended to serve as a genuine pre-estimate of the losses that the non-breaching party is likely to incur due to the delay. This provision is particularly useful in construction contracts where delays can lead to significant financial losses for the project owner. The enforceability of these clauses hinges on several key factors, including the reasonableness of the pre-estimated damages at the time of contract formation and the clear identification of cost elements that the owner expects to incur due to delays. It is crucial to maintain thorough documentation and evidence to support the reasonableness of the liquidated damages and to ensure that the clause is not deemed punitive.
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Master the Float: Effective Techniques for Highlighting Schedule Issues and Managing Float Ownership in Construction Projects
May 10, 2024 · 40 min read
Among the critical components of effective schedule management is an often overlooked yet indispensable concept: float ownership. When float is mishandled—such as when parties attempt to sequester it or manipulate it for tactical advantage—projects risk delays, cost overruns, and disputes that can escalate into costly legal battles. This blog will explore essential techniques and strategies, from contractual best practices to technological tools that help in tracking and controlling float.
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Employer's Guide to Reviewing Extension of Time (EOT) Claims and Granting EOT
March 27, 2024 · 31 min read
Evaluating EOT claims in construction projects is a complex process that requires a structured and comprehensive approach. By understanding the contractual basis for such claims, employing robust delay analysis techniques, and thoroughly examining all supporting documentation, employers can make informed decisions that protect their interests while maintaining fairness and professionalism.
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Insider Strategies to Sidestep Costly Misrepresentation Claims
March 27, 2024 · 13 min read
Misrepresentation claims can have significant implications for construction projects, leading to costly disputes, delays, and potential legal consequences. It is crucial for contractors and employers to be proactive in identifying and mitigating the risk of misrepresentation claims. This can be achieved through thorough contract review, site investigations, clear communication, and the engagement of legal counsel. By implementing preventive measures and establishing robust documentation practices, parties can minimize the likelihood of misrepresentation claims and better protect their interests.
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Mastering Claims Resolution Timing A Strategic Approach
December 25, 2023 · 26 min read
The decision between pursuing early claims resolution or end-of-project settlement in construction projects is a complex one that requires careful evaluation of project-specific factors. Throughout this blog post, we've explored the potential benefits and drawbacks of each approach, providing practical insights to help construction professionals navigate this critical decision.
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Your Guide to Understanding Primavera P6 Database Schema
October 10, 2023 · 11 min read
Primavera P6 by Oracle is one of the most widely used project management tools in industries like construction, oil & gas, infrastructure, and manufacturing. Familiarity with the P6 database schema is a superpower for schedulers, project controllers, and IT professionals alike.Whether you're building a custom dashboard, integrating with enterprise systems, or validating data for a high-stakes claim — the database is your ally. In this blog, we’ll explore what the P6 database schema is, why it’s important, and how you can use it to enhance reporting, automation, and integration efforts.
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