Tuesday, November 10, 2026
Tuesday, November 10, 2026

Business and Accounts

What Is a Dropshipping Business and How to Start It? A Complete Beginner’s Guide

Starting an online business has become easier with the growth of e-commerce. However, many aspiring entrepreneurs hesitate to start because they do not have enough money to purchase inventory, rent storage space, or manage product deliveries. Dropshipping offers an alternative business model that allows entrepreneurs to sell products online without keeping stock themselves.

Project management

Best 6 Project Management Software in 2026: Features and Comparison

roject management software can improve planning, coordination, reporting, and accountability, but no single platform is ideal for every project. Oracle Primavera P6 is particularly relevant for complex construction scheduling. Microsoft Planner and Project can suit organisations using Microsoft tools. Procore focuses on construction project workflows, while ClickUp, Asana, and monday.com offer flexible ways to manage tasks and collaborate across teams. The best choice is the one that matches your project requirements, team capabilities, budget, and working methods. For construction professionals, a combination of specialist scheduling software and a suitable document or collaboration platform may be more effective than relying on a single tool for every project activity.

Contract Management

Types of Construction Contracts: EPC, Item Rate, Design & Build, Percentage Rate, Lump Sum and Turnkey Contracts

Construction contracts play an important role in successful project implementation. Each type of contract has its own advantages, limitations and areas of application. While Item Rate and Percentage Rate contracts are commonly used for conventional public works, EPC, Design & Build and Turnkey contracts are particularly useful for integrated infrastructure and technically complex projects. Lump Sum contracts are appropriate where the scope and design are sufficiently defined.

How to Evaluate Technical Bids in Public Procurement? Criteria and Stages of the Bid Evaluation Process

Technical bid evaluation is one of the most important stages of public procurement. It helps the procuring authority determine whether bidders possess the necessary experience, technical competence, resources and capacity to execute the proposed work or supply goods and services in accordance with the tender requirements.

Procurement/Supply Chain Management

Inventory Management: A Comprehensive Guide

Inventory management is the process of overseeing and controlling the ordering, storage, and use of components that a company uses in the production of the items it sells. It also involves managing the quantities of finished products available for sale. Efficient inventory management ensures that a business has the right products in the right quantity, at the right time, and in the right place, all while minimizing costs.

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Types of Construction Contracts: EPC, Item Rate, Design & Build, Percentage Rate, Lump Sum and Turnkey Contracts

Construction contracts play an important role in successful project implementation. Each type of contract has its own advantages, limitations and areas of application. While Item Rate and Percentage Rate contracts are commonly used for conventional public works, EPC, Design & Build and Turnkey contracts are particularly useful for integrated infrastructure and technically complex projects. Lump Sum contracts are appropriate where the scope and design are sufficiently defined.

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Types of Construction Contracts: EPC, Item Rate, Design & Build, Percentage Rate, Lump Sum and Turnkey Contracts

Construction contracts play an important role in successful project implementation. Each type of contract has its own advantages, limitations and areas of application. While Item Rate and Percentage Rate contracts are commonly used for conventional public works, EPC, Design & Build and Turnkey contracts are particularly useful for integrated infrastructure and technically complex projects. Lump Sum contracts are appropriate where the scope and design are sufficiently defined.

What is Bid Capacity and How is It Calculated? Formula, Example and Ways to Increase It

Introduction Bid Capacity is an important qualification criterion in the tendering process, particularly for government construction and infrastructure projects. It helps the procuring authority assess...

BOQ vs Cost Estimate: Key Differences in Construction Projects

BOQ and cost estimates are both essential tools in construction project management, but they serve different purposes. A cost estimate determines the probable financial requirement of a project, while a BOQ provides an item-wise breakdown of the work and quantities required for pricing, tendering and contract administration. In simple terms, the cost estimate tells us how much the project is expected to cost, whereas the BOQ tells us what work is to be carried out, in what quantities and at what rates.

How to Evaluate Technical Bids in Public Procurement? Criteria and Stages of the Bid Evaluation Process

Technical bid evaluation is one of the most important stages of public procurement. It helps the procuring authority determine whether bidders possess the necessary experience, technical competence, resources and capacity to execute the proposed work or supply goods and services in accordance with the tender requirements.

What Is a Notice Under a FIDIC Contract?

A notice is a formal written communication issued by one party to another to notify an event, circumstance, instruction or matter that requires action under the contract. Certain notices must be issued within specified time limits. Failure to comply with these requirements may affect the contractual rights and entitlements of the parties.
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