Category Archives: Project Management

Project Accounting Practices and Accounting Policies – Definitions and Guidance Notes

The purpose of this guidance note is to provide definitions and guidance for critical accounting practices and to communicate the principal accounting policies. Responsibilities The following personnel have responsibilities mentioned in this procedure: – Corporate Heads of Finance (Chief Financial Officer / Finance Director) – Project Director/Manager – Project Commercial Manager – Finance Manager Principal… Read More: Project Accounting Practices and Accounting Policies – Definitions and Guidance… »

Construction Project Petty Cash Reconciliation Procedure & Policy for Cash Handling

petty cash replenish procedure flow chart

The purpose of this procedure is to define the requirement for the management of Petty Cash in offices and any type of projects as applicable. This procedure describes the process for the establishment and changes to the Petty cash float and the processing of claims and reimbursement of cash. This procedure applies to all offices… Read More: Construction Project Petty Cash Reconciliation Procedure & Policy for Cash… »

Tendering process in construction tenders

Tendering process in construction tenders

Tendering process in construction tenders helps in the selection of a contractor for performing the construction works in a project. Tendering process is the most important step for success of any project. Because wrong choice may lead to a delay in project completion and unhappy client / contractor relationship. A bad contractor may end up… Read More: Tendering process in construction tenders »

Client Requirements for Project Handover Practical Completion and O& M Manual Content List

This document provides guidance to the relevant parties on requirements for project handover information at practical completion and, in particular, the required structure and contents of building Operating & Maintenance manuals. It also specifies other information and items to be provided at handover stage. The purpose of providing this guidance is to ensure the appropriate… Read More: Client Requirements for Project Handover Practical Completion and O& M… »

Responsibilities of Technical Engineering Department of Construction Company

Below is brief job description of technical department in order to achieve best quality results and complying the customer requirements. Raise suggestions to improve the system of working within the project and the company and follow the relevant management system procedures. Follow the Technical engineers hand book Standard operating procedures and checklists Receive all the… Read More: Responsibilities of Technical Engineering Department of Construction Company »

Project Management Procedure for Managing Provisional Sum and Nominated Subcontractors

1. Purpose The purpose of this contract commercial management procedure is to establish the correct administration for the process of Provisional Sums and Nominated Subcontractors for the project. 2. Scope This procedure is applicable for all projects. 3. References Subcontractor and Major Supplier Management Legal and Contractual Issues Engineering Deliverables and Document Submission Schedule Provisional… Read More: Project Management Procedure for Managing Provisional Sum and Nominated Subcontractors »