Some excerpts of the decisions given by the Indian courts on arbitration: 1. In case of errors apparent on the face of the award it can only be set aside if in the award there is any wrong proposition of ...
Category: Construction Management
Construction management include a project manager, planning, estimation, scheduling, tendering, contracts, equipments etc.
Discy Latest Articles
THE TIME VALUE OF MONEY
THE TIME VALUE OF MONEY The time value of money is a relationship between the value of money today and its value at some future date, considering the interest charged or paid for the use of money. When an asset ...
CONCRETE CONSTRUCTION STAGES
During the concrete construction stage, actual work is executed as per the plans and specifications prepared earlier. The construction methodology is carried out in a planned manner preventing wastage of manpower, materials and money and ensuring completion of the project ...
Best Practices in Construction
What is Best Practice in Construction The standard and planned practices followed in the construction industry that will guarantee optimal outcome and profit are regarded as best practices in construction. These practices can be a policy, procedure or a complete ...
Importance of Scheduling in Construction Projects
Scheduling in construction projects is the process of listing of tasks, activities, milestones with a planned start and finish date. The importance of scheduling in construction projects cannot be neglected since it plays a crucial role in a project’s success. ...
How to Estimate Duration of Activities in Construction
All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. The variability of an activity’s duration may also be considered. Formally, the probability distribution ...
Role of Construction Professionals in Monitoring a Construction Project
Role of construction professionals such as architects, engineering consultants, builders, quantity surveyors in monitoring a construction project is discussed.
Risks in Public-Private Partnership (PPP) Projects
It is very important for both public and private parties to understand and address the risks involved in a Public-Private Partnership (PPP) projects. In any PPP project risks are more common but promoters will show interest in such projects only ...