Remove 2001 Remove Budget Remove Chicago Remove Profitability
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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Though not officially a recession as of mid-May (we’ll have to wait for that declaration by the National Bureau of Economic Research), the downturn precipitated by COVID-19 is being compared with 9/11’s impact on the 2001 recession. Is it profitable? namely, are you running a good business?

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BIM, Value Management, Life-cycle Cost Management

Building Information Management

For instance, if a client wants higher return for investment , value management is introduced to determine the kind of project that will provide to the client the expected return on investment (Kelly and Male, 2001). Their ground of rejection might be important to the study team (Kelly and Male, 2001) in search for better alternatives.

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Job Order Contracts Require Owner Direct Management and Leadership

Job Order Contracting

JOC Programs can delivery 90%+ of repair, renovation, and minor new construction projects on-time, on-budget, and to everyone’s satisfaction. Unified $855,000 from Chicago-based F.H. Paschen not only had earned more profit than its contract allowed but also had charged for more equipment than it installed. Source: [link].

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