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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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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

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.

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

Job Order Contracting

Clearly defined and documented roles, responsibilities, workflows. Cost estimating. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Focus upon client requirements and best value outcomes. Construction.

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Construction is NOT complex…. People are. Successful Construction Project Delivery Requirements

Job Order Contracting

What documentation, forms are required? RESOURCES eBOOK – An Introduction to LEAN Construction – Your ultimate guide to facilities repair, renovation, and new build cost management. Who assesses the impact of the proposed changes? Who reviews the proposed change and its impact for initial approval ?

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2021 Facilities Repair Renovation and New Construction Cost Management

Job Order Contracting

With appropriate levels of owner leadership and competency and currently available tools and support services efficient facilities repair, renovation, maintenance, and new construction (life-cycle management) can be achieved. Sample Workflow. Project Procurement and Delivery Environment Comparison. via 4bt.us.

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LEAN JOC – Job Order Contracting

Job Order Contracting

Public and private sector real property owners and facilities management professionals can leverage LEAN JOC to achieve more efficient use of existing capital resources in a full transparent and compliant planning and operating environment. The approach invests more resources earlier in the Project life-cycle.

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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. BIM is the life-cycle management of the built environment supported by digital technology. The recent increase in demand for sustainable or green buildings is further making the consideration of life cycle cost an issue.