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Job Order Contracting Life-cycle Facilities Value Management

Job Order Contracting

Job Order Contracting Life-cycle Facilities Value Management and improving AECOO outcomes for all participants and stakeholders. Job Order Contracting Life-cycle Facilities Value Management enables the efficient use of available funds targeted for executing renovation, repair, maintenance, and minor new construction projects.

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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

. #1 Define estimate’s purpose ■ Who will use the estimate and how. Required level of detail, and overall scope. #2 Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

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Credible Construction Estimate Core Elements

Job Order Contracting

For example, GAO and other studies/reports consistently report that errors and lack of due diligence with respect to original construction cost estimates are primary reasons for negative cost and schedule impacts, and overall poor project performance and outcomes. T The following figure, for example, was produced in 1972.

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BIM, Value Management, Life-cycle Cost Management

Building Information Management

BIM is the life-cycle management of the built environment supported by digital technology. Unfortunately, too much emphasis has been placed upon 3-D visualization and other technology components vs. the process of life-cycle management. Consequently, the need for value management emerges. INTRODUCTION.

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Job Order Contracting - Untitled Article

Job Order Contracting

While “national average” cost books and associated “localization factors” have their role in conceptual estimating, there is little room for error in creating budget for and estimating actual renovation, repair, or construction projects. Schedule projects in stages for more efficient, value-added construction. Monitor performance.

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What’s Really Needed to Make BIM Work.

Building Information Management

Building Information Management (that’s right forget the “modeling” distraction), BIM, is the life-cycle management of the built environment supported by digital technology. Behaviors and domains spans: Organizational, Planning, Budgeting, Accounting, Architecture, Construction, Technology, and Legal.

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School Board Business Officers Better Serve Facilities Requirements with Innovative Tool Kit

Job Order Contracting

While “national average” cost books and associated “localization factors” have their role in conceptual estimating, there is little room for error in creating budget for and estimating actual renovation, repair, or construction projects. Schedule projects in stages for more efficient, value-added construction. Monitor performance.