Relationship-based Job Order Contracting
Job Order Contracting
AUGUST 15, 2023
Mechanism for sharing risks and benefits Sustainable Facilities Management [contact-form] The post Relationship-based Job Order Contracting appeared first on 4BT.
Accounting Design Documentation Risk 
How Much is Poor Construction Document Management Costing You?
Autodesk Construction Cloud
SEPTEMBER 20, 2023
As teams get larger and construction projects become more complex, proper document management needs to be an integral part of your workflow. Poor document management is detrimental to a project and can lead to delays, budget overruns , and rework. trillion in 2020.
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Mitigate Design Risk: Supercharge Design & Constructability Reviews with Machine Learning
Autodesk Construction Cloud
JUNE 18, 2021
Schedule delays and cost overruns are the two biggest areas of risk on nearly every construction project. Our data science team was set to find the answer, and in their research, they found that over 70% of RFIs stem from design or documentation issues. Construction IQ for Design Risk Management .
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Validity of a Construction Cost Estimate – Public Sector
Job Order Contracting
MAY 4, 2023
Make certain that the selected year-of-expenditure reflects a realistic scenario, taking into account project planning and development durations, as well as construction. Risk and Uncertainty: Costs should be determined for uncertainties within an estimate. The appearance of false precision must be avoided.
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Queensland’s Project Trust Account: Why digitalisation could ease its impact on builders
Autodesk Construction Cloud
JULY 21, 2023
In a bid to mitigate the very real risks with how funds are managed on a construction project, the Queensland government has introduced new rules for building and construction businesses. Delivered over five major phases, the trust account framework will progressively expand over time to capture more eligible contracts and contractors.
Accounting 52
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Construction in the Digital Age: Embracing Innovative Tools for Successful Business
Construction Marketing
MAY 17, 2023
These tools provide an in-depth analysis of project expenses during the planning stage by taking into account a variety of elements. Cloud-based project management software, video conferencing platforms, and collaborative document-sharing tools allow team members to work together efficiently, regardless of their geographic location.
Innovation 254
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Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders.
Job Order Contracting
JULY 29, 2021
Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders… possible? Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps.
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Credible Construction Estimate Core Elements
Job Order Contracting
AUGUST 20, 2023
GAO, 2009 The associated processes for developing a credible construction cost estimate are equally well documented. “Despite the fact that these basic characteristics have been published and known for decades, we find that many agencies still lack the ability to develop cost estimates that can satisfy them”. –
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Contracts need risk management
Construction Law
JULY 7, 2021
More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. It is poor risk management, unsuited to the increasingly sophisticated commercial world that contractors have to inhabit. Nick Barrett.
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Green Building Data Risk as an Opportunity
Green Building Law Update
DECEMBER 3, 2017
There are a panoply of federal laws within discreet silos, including significantly: The Health Insurance Portability and Accountability Act (HIPAA), The Family Educational Rights and Privacy Act (FERPA), the Fair and Accurate Credit Transaction Act (FACTA), and the like. business seeking to mitigate the risk associated with data protection.
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Level Up Design and Coordination Workflows with Accessible Reality Capture
Autodesk Construction Cloud
SEPTEMBER 29, 2022
For starters, you’re dealing with an old structure without CAD files and limited documentation. Needless to say, trying to design, coordinate, and build in and around these conditions is an uphill battle. feel that time constraints and urgency present the greatest risk to decision-making. .
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4BT Job Order Contracting Solution Benefits
Job Order Contracting
JULY 11, 2023
Simplified JOC Program Management: Within the 4BT JOC Solution there is a single point of accountability and communication throughout the entire project. All required forms and approvals, with associated documentation are digital and the correct version. We are responsive, and we answer the phone and your emails!
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From Ten Hours to Five: Automating Manual Document Review Processes with JJ Rhatigan
Autodesk Construction Cloud
SEPTEMBER 21, 2022
For one collaborator, a document or plan may be considered as an essential piece of information but for another team, it may be something they never use. Jamie Monaghan and Hui Qi Lim are Document Controllers at JJ Rhatigan and are responsible for managing and maintaining project documents. Standardisation for Improved Accuracy.
Brinkman Construction Transforms Project and Cost Management with Autodesk and CMiC Integration
Autodesk Construction Cloud
DECEMBER 6, 2023
When it comes to construction projects, accounting and financial management are like the foundation of a building. Unfortunately, most ERP and accounting software aren't built for construction project managers. There’s too much risk in manual entry or upload so an integration was a non-negotiable for us.”
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Top 5 Mistakes Contractors Make during the Prequalification Process and How to Fix Them
Safety Services Company
DECEMBER 12, 2023
Failing to Provide Complete Safety and Compliance Documentation One of the biggest prequalification mistakes is failing to thoroughly complete all required documentation and provide requested records. Failure to invest in training puts your teams and organization at risk of injury and loss. Studies show that 3.6% on training.
Contractors 59
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How to Leverage Bridge to Share Data Across Projects and Teams
Autodesk Construction Cloud
MARCH 29, 2022
While this is true, data also remains scattered across projects and various teams whether that’s between a general contractor and a subcontractor or from a designer to an owner. . Share: Share files, folders or sheets across different projects or accounts . The fact is any disconnect can make data unusable.
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Construction quality management: Everything you need to know
Lets Build
DECEMBER 2, 2022
From a builder’s perspective, many potential risk factors can be anticipated and pre-emptively resolved by developing a construction quality management plan. It involves taking a quality-focused, hands-on approach to all stages and aspects of design, construction, and client relations. A game of risk. Creating a plan.
Management 156
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How to Connect Your Entire Project Team
Viewpoint Construction Technology
JULY 19, 2018
Construction organizations are relying on modern software for accounting, field management, project management, bid management, design and more. Document Management & Markup — Users can mark up PDFs for easy communication and collaboration. Simplified Construction Project Management.
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40+ Fresh Product Releases You Should Know in January
Autodesk Construction Cloud
JANUARY 23, 2024
Admin Console | MFA Enforcement [Coming Soon] – Account administrators can enforce Multi-Factor Authentication (MFA) for all non-SSO individuals within and outside of their company when accessing new and existing projects within the account. When a role's name is updated, the new name is reflected across all projects in the account.
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Why Owners Need a Common Data Environment
Autodesk Construction Cloud
NOVEMBER 27, 2023
Owners are faced with rising pressure in today’s construction landscape with project risks and costs at an all-time high. But, design and construction costs only account for about 10-20% of a building’s total lifecycle cost. This results in lower risk and allows you to gain predictability so you can continuously improve.
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What is a submittal in construction? A comprehensive guide
Lets Build
SEPTEMBER 11, 2023
Each expert has a crucial role, including approving design changes, guiding the contractor, etc. Many types of documents during construction make up submittals. Many types of documents during construction make up submittals. The submittals include samples, drawings, project data, material listings, quality assurance, etc.
What is a submittal in construction? A comprehensive guide
Lets Build
SEPTEMBER 11, 2023
Each expert has a crucial role, including approving design changes, guiding the contractor, etc. Many types of documents during construction make up submittals. Many types of documents during construction make up submittals. The submittals include samples, drawings, project data, material listings, quality assurance, etc.
Construction quality management 101: Everything you should know
Lets Build
MAY 19, 2023
More importantly, it helps to minimise the risk of costly fines due to errors. The plan provides quality and verification protocols that help to verify that the project is executed according to the design and requirements. It provides a sense of accountability and helps in maintaining the overall quality of the project.
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3 good practices for efficient wind farm construction projects
Lets Build
FEBRUARY 17, 2023
This means finding a system to enable communication and collaboration between teams and eliminate data silos across offices to avoid risks and make better decisions. Setting up your wind farm construction project for success means getting every stakeholder on the same page from the beginning.
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5 Reasons our New HR Management Solution Has Construction Pros Swooning
Viewpoint Construction Technology
MARCH 12, 2019
Human resources functions in construction — whether that means a full HR team, a single dedicated HR professional or, often, members of accounting or operations — can use technology to help automate processes, stay in-touch with field workers and save time communicating with employees. We felt like partners rather than just customers.”.
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What Is Data Federation and What Does It Mean for the Construction Industry?
Autodesk Construction Cloud
JULY 22, 2022
These days, many firms opt to consolidate project data and workflows by using a single account hub that houses everything. This account is usually owned by the general contractor, but it can also be placed in the hands of the owner or the party who carries the most risk. . Other parties risk losing access to important data.
Industrial 98
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What is a submittal in construction? A comprehensive guide
Lets Build
AUGUST 18, 2023
Each expert has a crucial role, including approving design changes, guiding the contractor, etc. Many types of documents during construction make up submittals. Many types of documents during construction make up submittals. The submittals include samples, drawings, project data, material listings, quality assurance, etc.
What are Preliminaries in Construction Contracts?
Lets Build
MAY 11, 2022
Construction companies, contractors, and owners account for preliminaries in their construction contracts because they often make up a significant percentage of the project and can be challenging to allocate across a project’s various activities. A general allowance for risk. The costs of design work. Planning and design costs.
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Data Analytics Trends in Construction
Viewpoint Construction Technology
OCTOBER 23, 2018
Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Reducing Risk and Increasing Safety.
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8 Ways to Reduce Construction Rework
Autodesk Construction Cloud
JULY 1, 2023
According to a report from Autodesk and FMI , miscommunication and poor project data account for 48% of all rework on US construction jobsites. billion in rework alone, accounting for 14% of all rework performed in 2020. Designers and contractors sow the seeds of rework in the very earliest stages of a project. The takeaway?
Construction 52
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8 Main Types of Construction Contracts
Autodesk Construction Cloud
SEPTEMBER 1, 2022
design and build contract. There’s seemingly no risk of losing money on materials. Design-Build Contract. Traditionally, owners receive completed designs before taking in construction bids. But the design-build contract does things differently. Some of the pros of design-build contracts can also lead to cons.
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3 Decisions that Keep Construction Owners Up at Night
Autodesk Construction Cloud
JANUARY 17, 2024
With design and construction accounting for just 10-20% of a building's total lifecycle cost, the key to unlocking higher profits lies in optimizing the performance of your capital assets. Leveraging a structured quality management program helps remove risks from construction processes that may rear their head during operations.
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Ultimate Guide to Construction Submittals [Template]
Autodesk Construction Cloud
JANUARY 20, 2022
Construction submittals are documents provided by a contractor to an architect for an approval of use. These docs are essential to successful construction because they show the project at a very granular level, and allow design professionals to approve the equipment, materials, and more. What is a submittal? Material data. Samples. …
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Streamlining processes and maximizing efficiency in project management
Fieldwire
AUGUST 21, 2023
With BIM, you can streamline design by increasing collaboration. Your project could waste materials or have safety risks, but BIM will identify the threats for you. The software improves your design, enhances communication and maximizes efficiency for your project. Your team members must take accountability when issues arise.
3 Steps to Better Cost Control in Construction Projects
Autodesk Construction Cloud
MAY 30, 2023
Serious project design errors Unfortunately, design deficiencies are too common. These issues can be mitigated with software that ensures everyone is on the same page, reducing the risk of errors or incomplete designs. Online access to designs and scenarios allows for greater communication from remote locations.
The Rise of the Modern Estimator
Autodesk Construction Cloud
JUNE 23, 2022
No matter where you go, they carry the most risk while getting the least amount of recognition for their success. After the G reat Fire , wealthy folks started hiring and contracting others to design and build their homes for them. They are constantly collaborating, and they are no longer just reacting to updates to design documents.
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Your Guide to Preconstruction Planning
Autodesk Construction Cloud
JULY 12, 2022
Preconstruction planning gives all stakeholders the opportunity to get on the same page to discuss the crucial project details—including objectives, design, schedule, budget, etc. This mitigates risk and uncertainty, ultimately increasing the chances of a successful and well-executed project. . Managing Preconstruction Documents .
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Construction project management 101 – Checklist
Lets Build
APRIL 15, 2020
Managing complex data in intersecting tasks and teams include confirming a project’s justification, developing project schedules and goals, maintaining commitments for a project, holding people accountable, and avoiding common project pitfalls. Read more: How to reduce construction delays by more than 20%. The process.
Keep Construction Office & Operations Teams Happy with These ERP & Financial Integrations
Autodesk Construction Cloud
MAY 5, 2023
Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.
Office 52
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BIM Demystified: How to Make BIM an Every-team tool
Autodesk Construction Cloud
MAY 26, 2022
Building information modeling (BIM) technology is widely used when planning and visualizing projects, so many modern architects, designers, and VDC professionals are well-versed in the technology. . Today, for instance, design firms draw to meet city and Authority Having Jurisdiction (AHJ) requirements.
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How To Reduce Risk On Construction Projects
ProcurementExpress.com
NOVEMBER 30, 2016
Do you know if any of your projects are at risk? A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Why do these financial risks take place. Unfortunately the owner’s representative let this issue go and it was installed as designed.
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Construction’s New 80/20 Rule: The Simple but Powerful Impact of Early Information and Frequent Communication?
Autodesk Construction Cloud
SEPTEMBER 19, 2023
Tracing the issues behind rework While rework usually occurs in the field, most of the issues that cause rework can be traced back to design. billion in rework, accounting for 14% of all rework performed in 2020. Poor data management is also a major culprit. And a big part of that is planning—a lot of planning."
Autodesk 52
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Generating greater insights for the UK water market with @One Alliance
Autodesk Construction Cloud
FEBRUARY 13, 2023
The @One Alliance team comprises of consultants, contractors, and other stakeholders who together will deliver projects accounting for over half Anglian Water’s capital investment programme. This helps to make sure compliance activity is not missed and decision-making is documented clearly.
BIM 98
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Common Types of Construction Contracts And Their Use
cnstrctr
JANUARY 4, 2020
A construction contract is a document that outlines the roles and responsibilities between two or more parties on a project. It is a legally binding document that the groups agree to at the start of a project and are held accountable to throughout. The contract would be solely based on those documents and the scope of work.
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