April 30, 2017, 1:17 pm
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1 Philippine Peso = 0.07338 UAE Dirham
1 Philippine Peso = 2.47153 Albanian Lek
1 Philippine Peso = 0.03551 Neth Antilles Guilder
1 Philippine Peso = 0.30767 Argentine Peso
1 Philippine Peso = 0.0267 Australian Dollar
1 Philippine Peso = 0.03576 Aruba Florin
1 Philippine Peso = 0.03996 Barbados Dollar
1 Philippine Peso = 1.62058 Bangladesh Taka
1 Philippine Peso = 0.03591 Bulgarian Lev
1 Philippine Peso = 0.00753 Bahraini Dinar
1 Philippine Peso = 33.97123 Burundi Franc
1 Philippine Peso = 0.01998 Bermuda Dollar
1 Philippine Peso = 0.02787 Brunei Dollar
1 Philippine Peso = 0.13766 Bolivian Boliviano
1 Philippine Peso = 0.06313 Brazilian Real
1 Philippine Peso = 0.01998 Bahamian Dollar
1 Philippine Peso = 1.28122 Bhutan Ngultrum
1 Philippine Peso = 0.20824 Botswana Pula
1 Philippine Peso = 400.00001 Belarus Ruble
1 Philippine Peso = 0.03992 Belize Dollar
1 Philippine Peso = 0.02724 Canadian Dollar
1 Philippine Peso = 0.01979 Swiss Franc
1 Philippine Peso = 13.24575 Chilean Peso
1 Philippine Peso = 0.13775 Chinese Yuan
1 Philippine Peso = 58.71728 Colombian Peso
1 Philippine Peso = 11.01139 Costa Rica Colon
1 Philippine Peso = 0.01998 Cuban Peso
1 Philippine Peso = 2.01439 Cape Verde Escudo
1 Philippine Peso = 0.49203 Czech Koruna
1 Philippine Peso = 3.51329 Djibouti Franc
1 Philippine Peso = 0.13587 Danish Krone
1 Philippine Peso = 0.94126 Dominican Peso
1 Philippine Peso = 2.18054 Algerian Dinar
1 Philippine Peso = 0.28573 Estonian Kroon
1 Philippine Peso = 0.36064 Egyptian Pound
1 Philippine Peso = 0.45667 Ethiopian Birr
1 Philippine Peso = 0.01826 Euro
1 Philippine Peso = 0.04187 Fiji Dollar
1 Philippine Peso = 0.01546 Falkland Islands Pound
1 Philippine Peso = 0.01544 British Pound
1 Philippine Peso = 0.08339 Ghanaian Cedi
1 Philippine Peso = 0.88012 Gambian Dalasi
1 Philippine Peso = 183.86813 Guinea Franc
1 Philippine Peso = 0.14668 Guatemala Quetzal
1 Philippine Peso = 4.08292 Guyana Dollar
1 Philippine Peso = 0.1554 Hong Kong Dollar
1 Philippine Peso = 0.46693 Honduras Lempira
1 Philippine Peso = 0.13577 Croatian Kuna
1 Philippine Peso = 1.35684 Haiti Gourde
1 Philippine Peso = 5.7015 Hungarian Forint
1 Philippine Peso = 266.45355 Indonesian Rupiah
1 Philippine Peso = 0.07222 Israeli Shekel
1 Philippine Peso = 1.28482 Indian Rupee
1 Philippine Peso = 23.5964 Iraqi Dinar
1 Philippine Peso = 648.13188 Iran Rial
1 Philippine Peso = 2.12587 Iceland Krona
1 Philippine Peso = 2.56723 Jamaican Dollar
1 Philippine Peso = 0.01416 Jordanian Dinar
1 Philippine Peso = 2.22689 Japanese Yen
1 Philippine Peso = 2.05694 Kenyan Shilling
1 Philippine Peso = 1.34302 Kyrgyzstan Som
1 Philippine Peso = 80.01199 Cambodia Riel
1 Philippine Peso = 9.22717 Comoros Franc
1 Philippine Peso = 17.98202 North Korean Won
1 Philippine Peso = 22.74046 Korean Won
1 Philippine Peso = 0.00607 Kuwaiti Dinar
1 Philippine Peso = 0.01638 Cayman Islands Dollar
1 Philippine Peso = 6.28332 Kazakhstan Tenge
1 Philippine Peso = 163.51649 Lao Kip
1 Philippine Peso = 30.09391 Lebanese Pound
1 Philippine Peso = 3.03696 Sri Lanka Rupee
1 Philippine Peso = 1.81818 Liberian Dollar
1 Philippine Peso = 0.26693 Lesotho Loti
1 Philippine Peso = 0.06091 Lithuanian Lita
1 Philippine Peso = 0.0124 Latvian Lat
1 Philippine Peso = 0.02813 Libyan Dinar
1 Philippine Peso = 0.1977 Moroccan Dirham
1 Philippine Peso = 0.38132 Moldovan Leu
1 Philippine Peso = 1.11848 Macedonian Denar
1 Philippine Peso = 27.13287 Myanmar Kyat
1 Philippine Peso = 48.19181 Mongolian Tugrik
1 Philippine Peso = 0.16005 Macau Pataca
1 Philippine Peso = 7.13467 Mauritania Ougulya
1 Philippine Peso = 0.69331 Mauritius Rupee
1 Philippine Peso = 0.30689 Maldives Rufiyaa
1 Philippine Peso = 14.34486 Malawi Kwacha
1 Philippine Peso = 0.38017 Mexican Peso
1 Philippine Peso = 0.08672 Malaysian Ringgit
1 Philippine Peso = 0.26573 Namibian Dollar
1 Philippine Peso = 6.28372 Nigerian Naira
1 Philippine Peso = 0.59521 Nicaragua Cordoba
1 Philippine Peso = 0.17029 Norwegian Krone
1 Philippine Peso = 2.03996 Nepalese Rupee
1 Philippine Peso = 0.02907 New Zealand Dollar
1 Philippine Peso = 0.00769 Omani Rial
1 Philippine Peso = 0.01998 Panama Balboa
1 Philippine Peso = 0.06481 Peruvian Nuevo Sol
1 Philippine Peso = 0.06333 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.09251 Pakistani Rupee
1 Philippine Peso = 0.07709 Polish Zloty
1 Philippine Peso = 111.06893 Paraguayan Guarani
1 Philippine Peso = 0.07275 Qatar Rial
1 Philippine Peso = 0.08271 Romanian New Leu
1 Philippine Peso = 1.1388 Russian Rouble
1 Philippine Peso = 16.36144 Rwanda Franc
1 Philippine Peso = 0.07493 Saudi Arabian Riyal
1 Philippine Peso = 0.15666 Solomon Islands Dollar
1 Philippine Peso = 0.27063 Seychelles Rupee
1 Philippine Peso = 0.13306 Sudanese Pound
1 Philippine Peso = 0.17603 Swedish Krona
1 Philippine Peso = 0.02788 Singapore Dollar
1 Philippine Peso = 0.01547 St Helena Pound
1 Philippine Peso = 0.44368 Slovak Koruna
1 Philippine Peso = 148.85115 Sierra Leone Leone
1 Philippine Peso = 10.96903 Somali Shilling
1 Philippine Peso = 447.57244 Sao Tome Dobra
1 Philippine Peso = 0.17427 El Salvador Colon
1 Philippine Peso = 10.28931 Syrian Pound
1 Philippine Peso = 0.26494 Swaziland Lilageni
1 Philippine Peso = 0.69131 Thai Baht
1 Philippine Peso = 0.04823 Tunisian Dinar
1 Philippine Peso = 0.04623 Tongan paʻanga
1 Philippine Peso = 0.07099 Turkish Lira
1 Philippine Peso = 0.13406 Trinidad Tobago Dollar
1 Philippine Peso = 0.60376 Taiwan Dollar
1 Philippine Peso = 44.53547 Tanzanian Shilling
1 Philippine Peso = 0.52997 Ukraine Hryvnia
1 Philippine Peso = 72.76723 Ugandan Shilling
1 Philippine Peso = 0.01998 United States Dollar
1 Philippine Peso = 0.56084 Uruguayan New Peso
1 Philippine Peso = 73.94606 Uzbekistan Sum
1 Philippine Peso = 0.19929 Venezuelan Bolivar
1 Philippine Peso = 454.32568 Vietnam Dong
1 Philippine Peso = 2.15265 Vanuatu Vatu
1 Philippine Peso = 0.05182 Samoa Tala
1 Philippine Peso = 11.97263 CFA Franc (BEAC)
1 Philippine Peso = 0.05395 East Caribbean Dollar
1 Philippine Peso = 12 CFA Franc (BCEAO)
1 Philippine Peso = 2.17123 Pacific Franc
1 Philippine Peso = 4.99201 Yemen Riyal
1 Philippine Peso = 0.26515 South African Rand
1 Philippine Peso = 103.68632 Zambian Kwacha
1 Philippine Peso = 7.23077 Zimbabwe dollar

Paying it forward for future project managers

When the term project management in construction has not been even heard of, Salvador Castro Sr. was one of those already offering  this specialized service  in the country back in the day.

Nowadays, project managers  have become almost indispensable in massive construction projects. But  only a  handful of local players can have the bragging rights of being the pioneer.

One  such prime mover is Castro’s son Salvador Jr., chairman of SPCastro, Inc., a 30-year old company providing a wide range of project management and consultancy services. Project managers like SPCastro provide end-to-end solutions to building owners in handling projects – from acquisition to hiring  contractors to cost and schedule management.

Salvador Jr. considers his “old man” his first mentor in project management. While  a reluctant successor, he trained under the watchful eye of his father before venturing out on his own, doing mostly  small housing projects. Even then, the younger Castro was applying the principles  he learned from his father: controlling cost, ensuring quality, and timely delivery.

Castro got his first break in managing big  projects in the 1970s when he was taken under the  wings of Enrique Zobel of Ayala Corp. He originally set out to train for two years in preparation for a stint in the then planned Makati Development Corp.
Until an opportunity for an overseas project came. Ayala International sent Castro to co-lead with international firm Bechtel Corp. a project to build the biggest palace in the world, the Istana Nurul Iman of the Sultan Negara Brunei Darussalam.

The formula Castro learned from his father, he merely expanded in Ayala on a much bigger scale.

While abroad, Castro realized he still had lot more to learn. One of his humongous tasks was to handle  5,000 workers of various nationalities. Castro knew Zobel trusted him so much he could not afford to bungle.

By the time he was in his 40s, he retired from Ayala and went back home.

Castro, with the help of his farther set up SPCastro and Associates in 1986. Expectations were quite different from reality because his company was not getting any work. At that time, Filipinos preferred foreigners as project consultants.

Castro then packed his bags and went  back to Brunei and registered his company SPCastro and Associates  initially doing audit for  land development  projects of the Brunei government.

There,Castro got another break when his company was appointed the project manager for the Brunei Convention Center.

A lot of showcase projects came one after the other including the  Royal Regalia (The Sultan’s Museum), Royal Pavilion (The Sultan’s Hangar), Masjid Jame”Asr Hassanil Bolkiah (Sultan’s Mosque), Yayasan Sultan Haji Hassanal Bolkiah, Bolkiah Housing A” and “B.

But Castro again found the  opportunity to go back home to handle the project management of Marco Polo Davao 

“On the financial side nothing compares to overseas (projects) but when it comes to technology a lot can still be introduced here in the Philippines,” Castro  said.

It was  during this time when  Castro started doing what he  describes as “payback”. He would hire fresh graduates, train them and teach them the values of integrity in one’s  job, virtues he learned from both his  father and Zobel. He would also share to his recruits his experiences in Ayala and in Brunei.

Today, Castro is on his  second payback ,  the institutionalization of a  training unit in his small company.

“Our professionals  are still lacking in so many ways. I teach them to value their work especially when I see the potential of a worker,”  Castro  said.

Castro’s  second homecoming  was a lot more encouraging than the first. He stumbled upon a niche in  project management:  hospitals.

He was fortunate to have been given the opportunity to train in Stanford University Medical Center on how to  run a hospital. Back home, he applied what he learned  I n  managing the construction of Asian Hospital, St. Luke’s Medical Center Global City, The Medical Center in Muntinlupa  and The Medical City in Pasig.

Today, healthcare is one of the divisions of SPCastro . The others include institutions like schools and special projects.

SPCastro is currently handling six projects including a hospital under  Phinma, the MCU Hospital and St. Luke’s Medical Center Quezon City expansion

One of the institutions SPCastro worked with is  Ateneo.de Manila Universty.  Special projects include the restoration of the Manila Cathedral prior to the visit of Pope  Francis in 2015 and of Insular Life.

As he prepares for retirement, Castro had established these divisions each to be led by a  team  within his 80-man company.

Today, Castro spends most of his time to his advocacy: educating the players in the construction industry of the how to avoid, or settle, disputes involving contracts.

Castro advocates dispute avoidance and the use of various modes of resolving construction disputes.
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