Budget, Construction and Estimating - Professional Constructor Central

Credible Construction Estimate Core Elements

Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. applied to a outdated cost estimate will introduce significant error. Primary data sources should be used whenever possible. ENR economic index, etc.)

Estimating

Estimating CSI Life Cycle Construction

12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

OCTOBER 19, 2023

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating

Estimating Life Cycle Documentation Schedule

Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating

Estimating Construction Risk Documentation

Sage Estimating to Vista Exporting Tool

Cassell Construction Estimating

OCTOBER 5, 2023

Intorducing The New Sage Estimating To Vista Exporting Tool Quickly convert your sage estimates into a viewpoint vista project management budget Works with the sage estimating versions 9.8

Sage

Sage Estimating Subcontracting Viewpoint

Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

AUGUST 28, 2018

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting

Budgeting Budget Commercial Plans

Avoid Common Budgeting Mistakes with Construction Software

The Constructor

JANUARY 20, 2022

As a construction project manager, your primary task is to oversee the scope, budget, and timeline. Making a mistake with your construction budget.

Budgeting

Budgeting Budget Software Software

8 essential steps for effective project cost estimation and budgeting

Fieldwire

MARCH 5, 2024

To say that winning bids is the key to success in construction is a half-truth. Estimating project costs correctly and managing the budget accordingly are just as vital. All subcontractors make project cost estimation and budgeting errors. Submitting a price within the Goldilocks zone can be challenging.

Budgeting

Budgeting Budget Estimating Bidding

RELIABLE Construction Cost Estimating

Job Order Contracting

MARCH 17, 2021

Reliable construction cost estimating is important to real property owners, facilities management professions, architects, and engineers. If a job is estimated correctly all parties should have a detailed understanding of the scope of work, costs, time, labor, and materials required.

Estimating

Estimating Construction CSI Procurement

Sharing Your Budget Streamlines the Pre-Construction Phase

Wolgast Corporation

DECEMBER 12, 2022

Here is one secret of the trade to save significant time during pre-construction, by giving your contractor a ballpark budget before design and/or estimating starts, an owner can take a shortcut in the preliminary phase and get to construction sooner. We can come to the owner with ideas without delays.

Budgeting

Budgeting Budget Estimating Construction

Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The best source of information for “construction” IGEs is a locally researched detailed unit price book. FAR 36.203. FAR 2.101 and 13.000.

Estimating

Estimating Contract Documentation Office

MasterFormat Construction Cost Estimating

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc.

Estimating

Estimating Construction Procurement Renovating

7 Tips to Prepare Accurate Construction Estimates

The Constructor

MAY 10, 2020

Project planning and budget estimation is very important for a construction project to be successful. If you don’t plan your project beforehand, you.

Estimating

Estimating Budgeting Budget Construction

US Cost Success Estimator Review

Cassell Construction Estimating

OCTOBER 5, 2023

Focus: Estimating & budgeting for Department of Defense projects, facilities, manufacturing, and public utilities. contractors, government agencies, owners Quick evaluation: Easy to use right out of the box for estimating & budgeting. Optimum company (type): > 50 million dollar D.O.D. More popular with D.O.D.,

Estimating

Estimating US Defense Budgeting

Timberline Software Support – Estimating Issues & Solutions

Cassell Construction Estimating

OCTOBER 5, 2023

Timberline Software Support Issues Listed below are 4 common Timberline Estimating issues and their solutions. Issue: Attempting to open a Timberline Estimate, message appears, “File needs to be inspected”, followed by message, “File is corrupt” a. Issue: Estimator uses hours as takeoff unit for Labor items, for crew-based tasks.

Estimating

Estimating Software Software Budgeting

2022 Construction Cost Changes

Construction Business Owner

APRIL 6, 2022

2022 Construction Cost Changes. Cost changes you need to know for key construction materials, labor & equipment. The construction industry has never seen anything like the past two years — and it’s showed in the cost of construction work. Budgets have gone through the roof. construction materials.

Construction

Construction Bidding Materials Budgeting

LEAN construction cost estimating

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Eighty percent (80%) of all construction projects are late, over-budget, or incorrectly completed. These are not LEAN construction delivery methods. Put aside anything you have heard about Last Planner(TM), TPS, Six Sigma, belt-belt, et al.

Estimating

Estimating Construction Procurement Change Orders

Effective Marketing For Diverse Construction Job Categories

Construction Marketing

JANUARY 24, 2024

In the ever-evolving landscape of the construction industry, where precision meets creativity and innovation, effective marketing strategies are paramount for attracting top-tier talent across diverse construction job categories. Architects Design and plan construction projects, considering both aesthetic and functional aspects.

Construction

Construction Project Management Electrical Safety

Construction Cost Estimating – LEAN

Job Order Contracting

MARCH 24, 2020

-+. Construction Cost Estimating – LEAN. This paper ” Construction Cost Estimating-LEAN” discusses the positive impacts of collaboration, a common data environment, and locally researched detailed line item construction cost data. Loss of cost estimating expertise at a detailed line item level.

Estimating

Estimating Construction Renovating Procurement

Construction in the Digital Age: Embracing Innovative Tools for Successful Business

Construction Marketing

MAY 17, 2023

The construction industry is undergoing a remarkable transformation as it embraces the digital age. Due to the quick adoption of new tools and technologies, keeping competitive and being successful in the current environment of the construction industry are now closely related to implementing technological innovations.

Innovation

Innovation Construction Safety Budgeting

10 Budget Tips for DIYers

Construction Marketing

FEBRUARY 7, 2019

Let’s now take a look at 10 budget tips for DIYers. Estimate the Prices. For each item created on your to-do list, it’s important to include an estimated price of the things you intend to buy or tools you may need to rent. Estimate the Time. DIY saves you a lot. Create a List. Calculate Your Total Project Spend.

Budgeting

Budgeting Budget Estimating Feasibility

How to Stop Profit Margin Fade

Construction Business Owner

NOVEMBER 9, 2023

This recurring problem occurs when the final construction project job cost finishes higher than the bid estimate or budget. Estimators generally price projects using bids from their regular subcontractor and suppliers, plus their standard company production crew rates for labor and equipment.

Profitability

Profitability Bidding Estimating Budgeting

Open Construction Cost Estimating

Job Order Contracting

NOVEMBER 20, 2017

Open construction cost estimating, as employed in 4BT’s OpenCost(TM) approach, simply provides the following… #1. Improves budgeting, design, construction, and operations process flow efficiency. #2. In short, open construction cost estimating is a requisite component of any LEAN construction delivery method.

Estimating

Estimating Construction Budgeting Budget

How to Manage Construction Workforce Effectively?

The Constructor

DECEMBER 1, 2020

Effective management of the construction workforce helps finish projects on time and within the stipulated budget. It is estimated that nearly.

Management

Management Budgeting Budget Construction

10 Types of Construction Estimates and their Definitions

Chianelli Estimating

FEBRUARY 7, 2022

Construction project cost estimation is a complex endeavor that can change on a dime (or a dollar) depending on the size and anticipated scope of the project. Successfully completing construction projects under budget requires a commitment to accuracy and transparency. Design Estimates. Preliminary Estimate.

Estimating

Estimating Feasibility Construction Budgeting

Construction Cost Estimating 101: Learning the basics

Lets Build

OCTOBER 1, 2019

Basics of construction cost estimating In the construction industry, one of the main challenges is managing building projects that have unique features and requirements. However, all projects have elements things in common: a scope of work, a time schedule, and a budget.

Estimating

Estimating Construction Budgeting Budget

Construction Estimating Made Easy

Viewpoint Construction Technology

MAY 11, 2017

There are many reasons to adopt integrated construction software , including flexibility, organization, and project management. Using a web- or cloud-based software solution is also the best way to increase your estimate accuracy and improve profitability. Quick, accurate estimates can be a fast and efficient way to grow your business.

Estimating

Estimating Bidding Viewpoint Construction

Open Construction Cost Estimating

Job Order Contracting

NOVEMBER 1, 2017

Open Construction Cost Estimating for 2018 and Beyond! Forget the past, and move toward greater collaboration and efficiency with open, shared construction cost data. Create you own line items from a core line item database, build estimates, manage projects, store and view virtually all forms of documents. Learn more?

Estimating

Estimating Life Cycle Construction CSI

Meet the New Cassell Consulting: Your Partner in Construction Technology

Cassell Construction Estimating

OCTOBER 20, 2023

After more than 25 years of continued success providing our clients with Construction Technology Consulting Services, Cassell Consulting is expanding our capabilities to offer even more value to our Construction clientele.

Consulting

Consulting Sage ProCore Estimating

What You Should Know Before Taking a Construction Loan

Construction Marketing

FEBRUARY 17, 2022

Finding your dream home with all the unique features within your budget and in the perfect location can be challenging. However, with a construction loan , you can build your dream home from scratch without making compromises. A construction loan is high-interest, short-term financing that you can use to custom-build your home.

Construction

Construction Budgeting Budget Drawings

Cost Estimate in Construction

Job Order Contracting

MARCH 17, 2017

Creating a cost estimate in construction requires experience not only in estimating but in actual construction tasks. Preparing multiple reasonable detailed estimates efficiently as requires using a line item construction cost database. Cost Estimate in Construction. info@4BT.US. contact-form].

Estimating

Estimating Life Cycle Construction CSI

Innovative Construction Capital Delivery for Public Sector Owners

Job Order Contracting

DECEMBER 8, 2021

Innovative construction capital delivery for public sector owners can consistently enable quality, on-time, on-budget and fully compliant repair, renovation, maintenance, sustainability, and new build outcomes. 85% of all construction projects are over-budget, late, and/or poorly completed. Continuous improvement.

Innovation

Innovation Procurement Construction Budgeting

Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes?

Job Order Contracting

MARCH 30, 2021

If you are Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes, then do these 3 steps! Additionally, few, if any owners, required the use of a standardized, locally researched unit price book for cost estimating and improving scope of work definition. Reshape your teams and raise transparency.

Budgeting

Budgeting Budget Renovating Procurement

The Rise of the Modern Estimator

Autodesk Construction Cloud

JUNE 23, 2022

What we in America call Estimators, and what the rest of the world calls Surveyors, have been around for thousands of years. Today, estimators are the unsung heroes of a project team. That doesn’t mean they didn’t exist before then, because even God needed an estimate. Watch our Estimating Master Class.

Estimating

Estimating Modeling Documentation Risk

A Relationship-based Approach to Sustainable Facilities Management

Job Order Contracting

DECEMBER 13, 2022

Traditional methods for planning, procuring, and delivery repair, renovation, maintenance, and new construction are incapable of consistently delivery of quality outcomes on time and on time. Existing tools and support services to mitigate waste/rework and enable consistent quality outcomes on time and on budget are readily available.

Sustainability

Sustainability Management Estimating Budgeting

Process DRIVES construction outcomes. Simple.

Job Order Contracting

JULY 19, 2023

Understanding that process drives construction outcomes is a critical learning for real property owners, designers, and builders. The application of systems thinking to ALL projects via a robust PROCESS ensures consistently well planned, executable quality outcomes on time and on budget. The post Process DRIVES construction outcomes.

Construction

Construction Procurement Budgeting Budget

What Are Construction Cost Estimates | Types of Construction Cost Estimates | Purpose of Preparing a Cost Estimate

CivilJungle

OCTOBER 30, 2021

What Are Construction Cost Estimates? The construction cost estimate is defined as the predicted cost required to complete the construction of any particular project, which is prepared before the construction works are taken up. Purpose of Preparing a Cost Estimate. Approximate Estimate .

Estimating

Estimating Construction Foundation Feasibility

Construction Cost Estimator – Line Item

Job Order Contracting

MARCH 21, 2017

Construction Cost Estimator – Line Item. A superior line item construction cost estimator generally has an intricate knowledge of field construction techniques, uses a common data environment, and is skilled at both collaboration and LEAN construction and/or facilities management.

Estimating

Estimating Life Cycle Construction CSI

Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.

Procurement

Procurement Innovation Products Plans

Controlling Construction Costs, Rocket Science, and Time Travel

Job Order Contracting

AUGUST 17, 2023

Controlling construction costs is not rocket science, nor does it involve time travel. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment.

Travel

Travel Construction CSI Subcontracting

LEAN Construction Cost Control

Job Order Contracting

OCTOBER 11, 2020

LEAN Construction Cost Control. Traditional cost estimating methods do not offer any reliable guidance for assessing impacts upon over project costs. National average construction cost data and the use of locations factors, area cost factors, or construction cost indexes are static by nature and do not reflect local costs.

Construction

Construction Estimating Procurement Budgeting

MANAGE Construction, Repair, and Renovation projects by EMPOWERING teams –

Job Order Contracting

NOVEMBER 15, 2022

Isn’t it time you truly MANAGE Construction, Repair, and Renovation projects? Robust processes, workflows, tools, and services exist to enable the consistent delivery of quality projects on time and on budget. The post MANAGE Construction, Repair, and Renovation projects by EMPOWERING teams – appeared first on 4BT.

Renovating

Renovating Management Procurement Construction

2024 Job Order Contracting

Job Order Contracting

JANUARY 29, 2024

2024 Job Order Contracting Job Order Contracting (JOC) can be extremely efficient and provide full cost visibility for reducing deferred maintenance, renovations, repairs, and even new construction. Core Requirement for 2024 Job Order Contracting Current, objective, and granular locally researched construction cost data. Learn more.

Contract

Contract Procurement Consulting Estimating

How to Set, Improve & Exceed Project Productivity Expectations

Construction Business Owner

APRIL 25, 2022

T he biggest variable in construction is labor. Too many contractors finish their projects over budget on labor when crews work more hours than estimated in the bid. If your construction company self-performs work with your own crews, the key to success is making sure you bring in those labor costs on budget.

Products

Products Budgeting Budget Bidding

What Every Business Owner Should Know about Design-Build Construction

Wolgast Corporation

FEBRUARY 27, 2024

General Construction for a long time was the primary method of delivering construction. Even Wolgast in the early years was a one-trick pony with General Construction being our only option. The needs of busy business people who didn’t have much knowledge about construction drove the creation of the Design-Build delivery method.

Design

Design Bidding Budgeting Budget

Credible Construction Estimate Core Elements

12 Step Program for Creating Credible Construction Estimates

Trending Sources

Validity of a Construction Cost Estimate – Public Sector

Sage Estimating to Vista Exporting Tool

Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

Avoid Common Budgeting Mistakes with Construction Software

8 essential steps for effective project cost estimation and budgeting

RELIABLE Construction Cost Estimating

Sharing Your Budget Streamlines the Pre-Construction Phase

Preparing Independent Government Estimates – IGEs , IGCEs

MasterFormat Construction Cost Estimating

7 Tips to Prepare Accurate Construction Estimates

US Cost Success Estimator Review

Timberline Software Support – Estimating Issues & Solutions

2022 Construction Cost Changes

LEAN construction cost estimating

Effective Marketing For Diverse Construction Job Categories

Construction Cost Estimating – LEAN

Construction in the Digital Age: Embracing Innovative Tools for Successful Business

10 Budget Tips for DIYers

How to Stop Profit Margin Fade

Open Construction Cost Estimating

How to Manage Construction Workforce Effectively?

10 Types of Construction Estimates and their Definitions

Construction Cost Estimating 101: Learning the basics

Construction Estimating Made Easy

Open Construction Cost Estimating

Meet the New Cassell Consulting: Your Partner in Construction Technology

What You Should Know Before Taking a Construction Loan

Cost Estimate in Construction

Innovative Construction Capital Delivery for Public Sector Owners

Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes?

The Rise of the Modern Estimator

A Relationship-based Approach to Sustainable Facilities Management

Process DRIVES construction outcomes. Simple.

What Are Construction Cost Estimates | Types of Construction Cost Estimates | Purpose of Preparing a Cost Estimate

Construction Cost Estimator – Line Item

Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity

Controlling Construction Costs, Rocket Science, and Time Travel

LEAN Construction Cost Control

MANAGE Construction, Repair, and Renovation projects by EMPOWERING teams –

2024 Job Order Contracting

How to Set, Improve & Exceed Project Productivity Expectations

What Every Business Owner Should Know about Design-Build Construction

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