Monthly Archives: June 2015

W15_EY_Bidding/Tendering Document Review Check List


Problem Definition As a Contractor mostly when it received the Invitation to Tender/Bid (ITT/ITB) it consist a lot of document both electronic copy and printed version. Before we start to develop cost estimate, estimating team need to review all the … Continue reading

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W13_RD_ Individual Re-baseline (Part 3)


Problem Definition As mention in previous blog, it is time to do the re-baseline in order to meet the target. In Week 10, Client had approved Author and 4 other team members Change Order proposal for descoping Paper Project with … Continue reading

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W15_AAA_Projects Finance Using Loan Options (Constant Periodic Payment & Constant Principal Payment)


Problem Definition A Local oil and gas company wants to develop gas field in Indonesia, but the company need more money to develop the field. There are two Loan’s Provider (Bank) that offer the loans and the company wants to … Continue reading

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W14_AAA_Contractor’s Performance Evaluation Using Normal Distribution “Bell Shaped” Curve Method


Problem Definition Country X has two National Engineering Companies (A & B), a National Oil Company (NOC) wants to give a big project to one of this company through direct selection. An evaluation for the performance of both company are … Continue reading

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W16_HMIP_ Assessing Contractor Schedules in PT ABC against the GAO’s Scheduling Best Practice Guide using AHP


1. Problem Definition Many projects are getting delay due to poor planning and scheduling. Poor planning and scheduling of the construction projects may also lead to bad results in project completion time and budget. In this blog building projects schedule … Continue reading

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W14_HI_ Apply PERT Formula on Estimate at Completion (EAC) Calculation


Problem Definition In Garuda AACE 2015 Project, on Week 10, the Author and 4 other members, submitted Change Order (CO) to Client for descoping Paper Project. The Client accepted the CO with notes that those members need to do rebaseline … Continue reading

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W.9_ESY_Time Value for Trip Cost


Problem Definition During her birthday, mother was revealing her wish to have complete family go together to Holy land while she, father, and grandma are still in fit and strong health. After consulting several tour agents, the cost of going … Continue reading

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