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Construction Equation: Knowledge Problems + Data Problems + Management Problems = Outcome Problems

Job Order Contracting

Lack of recognition by senior management of the linkage between between the built environment and organizational mission Low level of understanding of both life-cycle total-cost-of-ownership management and integrated lean planning, procurement, and project delivery principles and processes. Elsevier Butterworth-Heinemann, 2004.

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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. 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. INTRODUCTION.