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

Job Order Contracting

Fundamental math for every real property owner… Knowledge Problems + Data Problems + Management Problems = Outcome Problems. Management Problems. Knowledge Problems + Data Problems + Management Problems = Outcome Problems. Knowledge Problems + Data Problems + Management Problems = Outcome Problems. References.

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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.

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Credible Construction Estimate Core Elements

Job Order Contracting

Education, key performance indicators, common terms and definitions, collaborative construction delivery methods, and current, objective, local market granular cost data as well as supporting technology can to be leveraged to enable significant cost savings via signifincant improvements in cost visibility, cost management, and productivity.

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Lean methodology is ignored by the construction sector

Job Order Contracting

Research has readily noted the causal factors for the relative lack of adoption of Lean across the construction and facilities management sectors. Journal of Civil Engineering and Management, 14(2), 73–78. Engineering, Construction and Architectural Management, 8 (4,), 292-303. Retrieved July 12, 2010, from [link] Alinaitwe, H.

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Public Sector Real Property Management – Quality Construction Cost Estimating – Earned Value Management

Building Information Management

However, multiple studies/reports note that available and proven LEAN best management practices have not been implemented on a widespread basis.

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A Giant That Is (Still) Creeping Through the Construction Industry: Digitization

Building Radar

Important Topics of Digitization in the Construction Industry PropTech PropTech companies ( Property Technology ) are often startups in the construction industry that develop or optimize products and services for the real estate industry, including construction and management. This also applies to participation in tenders.

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Some exclusive journals containing useful information on construction

Construction Cost Estimating

Life cycle management: An integrated approach to managing investments. Journal of Cost Management (Summer): 35-48. Journal of Cost Management (Spring): 29-37. Maarten Vrijland, The Netherlands “Cost Overrun in the Public Sector: A Case Study” (2004 – Cape Town, South Africa).