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How to Estimate Duration of Activities in Construction

The Constructor

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. Formally, the probability distribution of an activity's duration as well as the expected or most likely duration may be used in scheduling.

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Credible Construction Estimate Core Elements

Job Order Contracting

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 applied to a outdated cost estimate will introduce significant error.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.)

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Construction Cost Estimating Facts

Job Order Contracting

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

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. ■

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Over eighty percent (80%) of construction projects are over-budget, late, or not competed correctly. Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality.

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Efficient Public Sector Facilities Management Solution

Job Order Contracting

Is the project suitable for the construction delivery method? Procurement Workflows A detailed scope of work and an associated detailed line-item estimate is required before any procurement evaluation and award. Preconstruction Preconstruction planning is critical to any project. Are funds available? Is the right team available?

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Effective Marketing For Diverse Construction Job Categories

Construction Marketing

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.