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The PPM landscape is evolving rapidly as a result of the growing preference for managing multiple capital investment initiatives from a single, enterprise-wide system. This more centralized approach, and resulting ' single version of the truth ' for project and project portfolio information, provides the transparency of performance needed by ...
Project production management (PPM) [1] [2] is the application of operations management [2] [3] to the delivery of capital projects. The PPM framework is based on a project as a production system view, [ 1 ] [ 2 ] [ 3 ] in which a project transforms inputs (raw materials, information, labor, plant & machinery) into outputs (goods and services).
In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.
50 Divisions refers to the 50 divisions of construction information, as defined by the Construction Specifications Institute (CSI)'s MasterFormat beginning in 2004 ...
The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.
While the service method can vary from owner to owner and project to project, the basic formula for a successful building commissioning process involves a synergy team from pre-design to develop the owner's project requirements (OPR), commissioning scope, and plan including benchmarks for success, review of design documents and checklists for ...
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