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 ...

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 ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Abstract: Good quality control and effective time management are the key for infrastructure projects, particularly for mega projects such as metro rail systems, where there are several dependencies, ...

This is where finished products are checked by inspectors to see if they meet the set standard. Products are inspected at the start and the end of the production process. Any product not meeting the ...