Updating Schedule and the Payment Request Cycle
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Speaker : SALEH MUBARAK
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When : Tuesday, February 11, 2025
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Time : 03 : 00 PM EST
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Saleh Mubarak, Ph.D.
- Construction project management professional, professor, consultant, author, public speaker, and trainer.
- Ph.D. in civil engineering from Clemson University, USA, specialized in Construction Project Management.
- Experience: 35 years, diversified:
o Industrial: private and public sectors, in the U.S. and international. Positions occupied include project engineer / manager, cost estimator, planner / scheduler, project controls manager, cost manager, training manager.
o Academic: faculty member / professor, head of department. - Extensive experience in continuing education and professional training around the world.
- Author of:
o Construction Project Scheduling and Control, Wiley, 4th edition.
o How to Estimate with Means Data: Basic Skills for Building Construction, Wiley, 5th edition.
o Project Management in the Construction Industry: From Concept to Completion, Wiley, 1st edition - Many presentations at professional conferences such as PMI, AACE International. Public speaker in many local, regional, and international events.
- An authority on project planning, scheduling, and project control.
An advocate of holistic healthy living.
This webinar discusses the relationship between schedule updating and the progress payment cycle. The seminar briefly describes the steps of updating the schedule and telling the contractor where the project stands, in terms of budget and schedule, as compared to where it is supposed to be standing per the baseline budget and baseline schedule. We then describe the progress payment cycle and explain its dependency on the schedule update, particularly work quantities performed during the past cycle.
The webiinar includes many valuable tips and recommendations.
Areas Covered
- The schedule update cycle: why and how.
- The steps for updating the schedule
- The progress payment cycle
- The relationship between schedule updating and progress payments
- Hints for a more efficient progress payment process
Who Should Attend
This seminar is important for general contractors, subcontractors, project managers, planners, schedulers, project controls engineers/managers, cost managers, document controllers, architects, and engineers.
Why Should You Attend
This seminar is important for the entire project management team, particularly those in cost management, planning and scheduling, procurement, finance and accounting, and project controls. The topic is important to the time and budget management of the construction project, which are the most important aspects. Understanding the relationship between schedule updating and the progress payment cycle is important for all parties, particularly the owner and the general contractor.
This is an important seminar for anyone whose job relates to the project schedule, including and particularly planners, schedulers, project managers, project controls engineers/managers, cost managers, and document controllers. It provides important and valuable tips for creating an accurate and efficient schedule based on the critical path method, CPM.
Topic Background
Project schedules must be updated periodically. This update includes the calculation and reporting of work performed, by item. These calculations help several functions including the progress payment requests from the general contractor to the owner, and then the payment from the owner to the general contractor.
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$160.00
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