The project managers who deal with risk management are often faced with the difficult task of determining the relative importance of the various sources of risk that affect the project. This ...

Dan Galorath is founder and CEO of Galorath, a leader in cost estimation, actionable data and expertise for informed decision-making. Cost engineering has always been pivotal in balancing project ...

One of the major hurdles that we attempt to forecast for our commercial construction projects is escalation. There are many factors that affect escalation in the construction world which include ...

From financial dashboards to factory-based assembly, utilities and their contractors are deploying new tools and processes to improve project cost performance. In decades past, the decision to pursue ...

If you’ve managed a project before, you’ll know that keeping costs down is one of the biggest challenges during a standard project management life cycle. If your costs overrun, it can easily lead to ...

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The Bethany Reservoir is a proposed terminus for the Delta Conveyance project where water will flow into the California Aqueduct. A new financial analysis of California’s ambitious but controversial ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...

Demand for humanitarian assistance is growing and existing financial resources are inadequate to address all areas of need. As stewards of limited funds, we have a responsibility to make the most ...

The existing Interstate Bridge carries I-5 across the Columbia River between Portland, Ore., and Vancouver, Wash. The aging lift span is central to the planned Interstate Bridge Replacement program, ...

The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

When Japanese, South Korean and Taiwanese representatives and three U.S. cabinet secretaries arrive in Alaska this week to discuss financing, building and utilizing gas from the proposed Alaska ...