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Estimating Facility Life-cycle Costs

Job Order Contracting

Estimating Facility Life-cycle Costs is a critical aspect of facilities management. Key elements associated with Estimating Facility Life-cycle Costs include the following: Experience. Systems costs and systems life-cycles. Expected system/assembly life-times. Managing Life-cycle Costs.

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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. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

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Digital Twin – Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle.

Job Order Contracting

Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle. Requisite Components of a Physical Asset Life-cycle Management Solution.

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LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

LEAN Practices Asset Competency Model. Cost estimating. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Cost Estimating, Procurement, & Construction Project Delivery and Management Systems.

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LEAN Job Order Contracting Intro 3

Job Order Contracting

LEAN Job Order Contracting Intro 3 – Hoe to provide focus upon best value, quality, timeliness, and reasonable cost, assuring overall satisfaction. LEAN Job Order Contracting Intro 3. Learn more about LEAN Job Order Contracting Intro 3 … Job Order Contracting – JOC Articles . because more is accomplished.

Contract 100
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Job Order Contracting Software

Job Order Contracting

Job Order Contracting Software and more! Building in Cloud (BiC) and the 4BT-PE/4BT-CE modules support LEAN COLLABORATIVE OpenJOC(TM) Job Order Contract via Software as a Service (SaaS). Program Management, Project Management, Estimate Management, Document Management, Asset Management and Facility Management are included.

Software 100
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The “I” for Information if Building Information Modeling or Life-cycle Facility Management

Building Information Management

Building Information Modeling (BIM) is a digital representation of physical and functional characteristics of a facility. A BIM is a shared knowledge resource for information about a facility forming a reliable basis for decisions during its life-cycle; defined as existing from earliest conception to demolition. – NIBS.