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Author name: Husam Alhurani

TCPI Formula in Construction Project Management

TCPI Formula in Construction Project Management

To-Complete Performance Index (TCPI) Calculator The To-Complete Performance Index (TCPI) is a critical metric in construction project management, used to determine the efficiency needed to complete a project within the remaining budget. By comparing the work left to be done to the remaining budget, TCPI helps project managers understand the required performance to achieve financial …

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Lean Construction Scheduling

Maximize Efficiency with Lean Construction Scheduling

Effective scheduling is the backbone of successful construction projects, ensuring everything runs smoothly from start to finish. However, traditional scheduling methods often lead to inefficiencies, delays, and unnecessary costs. A recent study showed that Nine out of ten projects experience cost overrun. Enter Lean Construction Scheduling—an innovative approach designed to revolutionize how construction projects are …

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Construction Cost Performance Index Calculator

Construction Cost Performance Index Calculator

Cost Performance Index (CPI) Calculator Measuring the cost efficiency of a construction project is crucial for maintaining financial control and ensuring successful project completion. The Cost Performance Index (CPI) is an essential metric that provides insight into how well the project is adhering to its budget by comparing the earned value to the actual cost. …

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What is Concurrent Delay in Construction?

What is Concurrent Delay in Construction?

On average, 72% of construction projects experience delays, with the original contracted duration increasing by 38%. Among these delays, concurrent delays present a particularly complex challenge. They disrupt the scheduled flow of construction projects, lowering the expected profits, and often leading to complicated processes involving construction litigation. Knowing this is vital for those handling disputes …

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Construction Cost Variance Calculator

Construction Cost Variance Calculator

Cost Variance Calculator Managing the financial aspects of a construction project can be a complex and challenging task, particularly when it comes to tracking and controlling costs. A Construction Cost Variance Calculator is an essential tool designed to help project managers, contractors, and financial planners monitor their budget in real-time, ensuring that projects stay on …

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Construction Cost Management

Construction Cost Management: 20 Tips For Maximum Profitability

In the construction industry, inefficiencies can be drainful, and many projects suffer cost overruns or get delayed, with only 8.5% of projects completed on time and on budget (source). Cost tracking acts as a vital tool for companies’ profitability. Furthermore, the accuracy and diligence in construction cost management are essential. Accurate cost tracking is the …

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