CONSTRUCTION TECHNOLOGY

INFO-02-   (KPIs) Key Performance Indicators (KPIs) Key Performance Indicators - All you have to know about in construction projects are specific, measurable metrics that are used to track the performance of various aspects of a project. These indicators are vital for ensuring that the project is on track to meet its goals, managing resources efficiently, and delivering the desired outcomes. Common KPIs in Construction 1. Cost-Related KPIs Cost Variance (CV): Measures the difference between the budgeted cost and the actual cost of work performed. It helps in tracking budget adherence -Cost Performance Index (CPI): A ratio that compares the budgeted cost of work completed to the actual cost, indicating cost efficiency. 2. Time-Related KPIs Schedule Variance (SV): The difference between the planned progress and the actual progress. It helps in identifying delays and taking corrective actions. Schedule Performance Index (SPI): A ratio that measures the efficiency of time usag...

  INFO-01 PUBLIC - PRIVATE PARTNERSHIP “PPP Contract Design is a complex task. To achieve this, first of all, you have to fulfil the steps of the PPP Project Cycle.” Before the PPP transactions are implemented, the draft PPP Contracts should be prepared. But before doing that, the below mentioned approach which is called PPP Project Cycle should be realized. Phases of PPP Project Cycle 01 - Project Identification 02 - Project Appraisal 03 - Structuring 04 - Designing the Contract 05 - Bidding Process and Financial Close 06 - Contract Management ---‐---------------------------------------------- 1- Project Identificaiton The Project Identification phase is important because it determines whether the selected project can be delivered as a PPP instead of using traditional procurement. * Identification * Output Specifications 2- Project Appraisal In the Assessment Phase; an appraisal process is realized to review if developing and implementing t...