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Job Order Contracting Life-cycle Facilities Value Management

Job Order Contracting

Job Order Contracting Life-cycle Facilities Value Management and improving AECOO outcomes for all participants and stakeholders. Job Order Contracting Life-cycle Facilities Value Management enables the efficient use of available funds targeted for executing renovation, repair, maintenance, and minor new construction projects.

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Credible Construction Estimate Core Elements

Job Order Contracting

Sharing actionable, transparent information with all construction project participants and stakeholders early on, and throughout the construction and operations life-cycle of a built structure, would measurably mitigate change orders, legal disputes, and waste.

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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

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Construction Cost Estimator – Line Item

Job Order Contracting

Common data environment – Using CSI MasterFormat and an associated construction cost database with common descriptions, terms, and full detail as to labor, material, and equipment costs is the ONLY efficient way to build, maintain, re-use, and share detailed line construction cost data. Benefits of Unit Cost Line Item Estimating.

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Construction Document Information Management

Job Order Contracting

Time spent looking for the right information accounts for approximately 13% of an employee’s time each and every week. Standardized data architecture (CSI MasterFormat, Uniformat, Omniclass) – – Common Data Environment, CDE. Consideration of Life-cycle Management of the Built Environment and Asset Total Cost of Ownership.

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

Building Information Management

Sharing actionable, transparent information with all construction project participants and stakeholders early on, and throughout the construction and operations life-cycle of a built structure, would measurably mitigate change orders, legal disputes, and waste.

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Why Efficient Facility Management Is So Difficult

Building Information Management

Focus is upon best value and life-cycle costs versus first costs. Accountability is needed and decisions are information-based for collaborative construction delivery processes. And, while trust is a key factor, measurement and metrics enable actionable oversight. Owner Roadblock. Collaboration and user participation.