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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.

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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

The use of consultants to prepare estimates must be carefully structured and reviewed, to make sure that no conflicts of interest exist from a Government-Contractor relationship aspect. All elements of the project must be reduced to a cost that can be accounted and budgeted at a line item level.

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The reality of integrated design

BD+C

If the first 10 percent of design effort accounts for 90 percent of project success, how might that reality change the design effort? How does it change an owner’s expectations of how the team works and communicates throughout the project? This 10/90-split idea is the reality behind an integrated design philosophy.

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4 Guidelines for Preventive Roof Maintenance

Flynn

Your accounting department can produce a report on costs associated with leak damage, lost use of space, legal claims, clean up, and operational interruptions. Work with your roofing contractor to use life-cycle costing, to maximize the roof’s service life and optimize your maintenance budget.

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Beyond regional material credits - Advancing the quest for truly sustainable design

SAB Magazine

It does not take into account all the other potential environmental impacts that form part of the overall ecological profile of a material. Standardized life cycle assessment is essential for a true understanding of how sustainable building products and materials really are.

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Maintaining the Golden Thread of Information with Autodesk Construction Cloud Part One

Autodesk Construction Cloud

With built-in features for maintaining a digital audit trail, Autodesk Docs ensures both transparency and accountability, making it an all-in-one solution for your project needs. The standard outlines a comprehensive set of information required across seven stages of an asset's life cycle.

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BIM (Building Information Management, Modeling, Model) vs. EVM (Earned Value Managment) vs. TCO (Total Cost of Ownership)

Building Information Management

BIM is the life-cycle management of the built environment supported by digital technologies. . Simply stated, it is a systematic approach to managing cost throughout the life-cycle of any enterprise, program, facility, project, product, or service. , proven methodologies and the latest technology in support of the management process.