article thumbnail

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.

article thumbnail

Lean methodology is ignored by the construction sector

Job Order Contracting

While there has been a fair amount written about Lean principles, actual application in the form of an integrated construction planning, procurement, and project delivery methodology has been limited to 5% or less actual work. Influence of project type and procurement method on rework costs in building construction projects.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Job Order Contracting Information

Job Order Contracting

Related Resources: ASSET LIFE-CYCLE MODEL – Total Cost of Ownership Management – A framework for facilities life-cycle management. Construction Cost Workbook – 2002 – Conference on the International Comparison Program World Bank. Job Order Contracting – A Procurement Success Story, 1998 – Moore, W.,

Contract 100
article thumbnail

LEAN Job Order Contracting Intro 4

Job Order Contracting

ASSET LIFE-CYCLE MODEL – Total Cost of Ownership Management – A framework for facilities life-cycle management. Construction Cost Workbook – 2002 – Conference on the International Comparison Program World Bank. Job Order Contracting – A Procurement Success Story, 1998 – Moore, W.,

Contract 100
article thumbnail

Achieving Best Value for Facility Renovation, Repair, Maintenance, and Construction – 2016 and Beyond

Building Information Management

As one might anticipate lack of education, awareness, and capability, with respect to life cycle management of the built environment and/or total cost of ownership management, are the primary causal factors, as well as, resistance to change which is endemic to the sector as a whole. EU public procurement law. Molenaar, K.