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This study, sponsored by the National Institute of Standards and Technology (NIST), was designed to provide answers to two questions by comparing the performance of owner and contractor-submitted capital projects that used one of two project delivery methods: design-build (DB)...
/resources/knowledgebase/knowledge-areas/Procurement-Contracts/topics/BMM2002-10 7/24/2016 10:58:46 PM
Counterfeit, fraudulent, and suspect items (CFSI) continues to be a threat to the capital projects industry. The research team reconfirmed the status of the CFSI threat, while at the same time updating and expanding upon the research of RT-264, Product Concerns in Low-cost Sou...
/resources/knowledgebase/knowledge-areas/Quality-Management/topics/RT-307 4/25/2016 2:40:50 PM
Successful small project execution is important as 40-50% of industry capital budgets are spent on small projects. The average CII company plant spends $25 to $30 million on small capital projects. Small projects, as defined by this research, are projects with a total installe...
/resources/knowledgebase/knowledge-areas/Business-and-Project-Processes/topics/RT-161 2/7/2016 6:12:55 AM
Project Definition Rating Index (PDRI) Overview The PDRI is a powerful, easy-to-use tool for measuring the degree of scope development.The Project Definition Rating Index (PDRI) is a powerful, easy-to-use tool that identifies and precisely describes each critical element in a ...
/resources/knowledgebase/pdri-overview 1/24/2018 3:42:01 PM
RT-133 s charter was to evaluate the Design-Build (D-B) project delivery system, comparing its attributes and success measures to those of two other delivery systems commonly used in building construction: Design-Bid-Build (D-B-B) and Construction Management (CM) At Risk. The ...
/resources/knowledgebase/knowledge-areas/Procurement-Contracts/topics/RT-133 2/7/2016 6:11:40 AM
Engineering is one of the most critical aspects of any successful project. Perception within the construction industry holds that current engineering practices are not cost effective. Project costs are scrutinized more and more every day, and engineering is no exception. Owner...
/resources/knowledgebase/knowledge-areas/Design-Planning-Optimization/topics/RT-112 2/7/2016 6:10:42 AM
Knowledge Area DefinitionWithin the capital facilities delivery industry, a quality management system (QMS) can be defined as a set of policies, processes, and procedures that govern the planning and execution of capital facilities delivery projects so that owners business an...
/resources/knowledgebase/knowledge-areas/quality-management 2/15/2016 10:22:44 PM
Industrial capital projects are risky business ventures with increasing size, uncertainty, and complexity that frequently experience growth in cost and time to deliver, and oftentimes do not achieve their desired performance results. From Merrow (2011), 65% of all industrial ...
/resources/knowledgebase/knowledge-areas/Project-Program-Management/topics/RT-341 7/10/2018 4:00:21 PM
Since the establishment of the Construction Industry Institute (CII) in 1983, its industry members and academic researchers have collaborated on research to improve the cost effectiveness of capital project delivery. CII research on the industry s processes and methods has gen...
/resources/knowledgebase/knowledge-areas/Performance-Assessment/topics/BM-VBP 2/7/2016 6:21:27 AM
Cost estimating is a critical function for successful capital or maintenance projects, and reliable estimates depend heavily on the competency of cost estimators. Owners depend on accurate data to make business decisions, which can heavily impact the profitability of the compa...
/resources/knowledgebase/knowledge-areas/Project-Controls/topics/RT-253 2/7/2016 6:16:32 AM
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