Project-O-Metric
Welcome to Project-O-Metric. We are a community of professionals that post videos regularly on the following:
1) Microsoft Project Tutorial: Start learning Microsoft Project from scratch if you’re a novice. You don't need a paid course any more. Also, we cover advanced-level topics for application of MS Project in project management.
2) Project and Contract Management, Planning and Costing: Our progress and cost planning videos are for Planning, Billing, Execution Engineers, and Project Managers to efficiently plan and manage projects.
3) Interview Questions: Get the most asked interview technical questions if you are searching for a job in the construction industry.
Project-O-Metric
Contract management is not paperwork.
It is risk management in slow motion.
Most project delays don’t start on site.
They start in a clause that was skimmed, not read.
A contract decides:
1] who pays when things go wrong
2] who carries time risk
3] who absorbs cost escalation
4] and who wins disputes without raising their voice
By the time a dispute reaches the meeting room,
the outcome was usually decided on the day the contract was signed.
We shouldn’t treat contracts as legal burdens.
We should treat them as project control tools.
Because concrete cracks can be repaired.
Poorly managed contracts keep bleeding—quietly, monthly, and expensively.
#contractmanagement
2 weeks ago | [YT] | 3
View 0 replies
Project-O-Metric
The best useful Finance Formula in Excel.. How many do you know?
3 months ago | [YT] | 0
View 0 replies
Project-O-Metric
When can a contractor claim an Extension of Time (EOT)?
4 months ago | [YT] | 5
View 0 replies
Project-O-Metric
Did you know?
A Letter of Intent (LOI) isn’t the same as a Contract!
It only shows an intention to award work.
It's not a legally binding agreement, unless it explicitly includes all essential contract terms.
4 months ago | [YT] | 2
View 0 replies
Project-O-Metric
In construction contracts, what is the purpose of retention money?
4 months ago | [YT] | 5
View 0 replies
Project-O-Metric
Did you know?
In construction contracts, you must have seen the line “Time is of the essence”.
This means any delay, no matter how small it be, can legally justify termination or penalties.
It’s not just a phrase, it turns your project schedule into a binding legal commitment.
4 months ago | [YT] | 2
View 0 replies
Project-O-Metric
Which type of insurance is typically taken to cover damage or loss to the project works during construction?
4 months ago | [YT] | 5
View 0 replies
Project-O-Metric
In a construction contract, what is the main purpose of a Performance Bank Guarantee (PBG)?
4 months ago | [YT] | 1
View 0 replies
Project-O-Metric
#contractmanagement #projectmanagement
4 months ago | [YT] | 3
View 0 replies
Project-O-Metric
In most construction contracts, when does the Defects Liability Period (DLP) begin?
4 months ago | [YT] | 4
View 0 replies
Load more