article thumbnail

Estimating Facility Life-cycle Costs

Job Order Contracting

Estimating Facility Life-cycle Costs is a critical aspect of facilities management. Key elements associated with Estimating Facility Life-cycle Costs include the following: Experience. Systems costs and systems life-cycles. Used of standardized data architectures (CSI Uniformat, CSI Masterformat).

article thumbnail

LEAN Asset Life-cycle Management – Achieve Optimal Construction Outcomes

Job Order Contracting

Optimal construction outcomes such as 90%+ of project on-time and on-budget and 96% satisfaction levels are achieved daily, however, by less than 5% of all real property owners, contractors, architects and engineers. of all construction projects are actually delivered on-time and on budget. The net result is 2.5%

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BIM Life-cycle Management Competency, Common Terms, and Change Management

Job Order Contracting

BIM Life-cycle Management Competency, Common Terms, and Change Management. Forget 3D visualization, Life-cycle Management Competency and Common Terms are the most critical aspects to achieving efficient renovation, repair, maintenance, sustainability, and new construction of the built environment.

article thumbnail

Understanding the Difference Between Design-Assist & Delegated Design

Construction Business Owner

The architecture, engineering and construction industries are chock-full of buzzwords and terminology that—although they may be used casually and often—can have different meanings depending on the teams you are speaking to and the role that team or team member plays in the life cycle of a project. . Elizabeth Manning.

Design 348
article thumbnail

LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

Construction. Construction project delivery methodology. Life-cycle Management. The Construction Operations Building information exchange (COBie) has become one of the most widely known data formats. It can be viewed in design, construction, and maintenance software as well as in simple spreadsheets.

article thumbnail

12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Required level of detail, and overall scope. #2 Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

article thumbnail

Integrated Construction Planning, Procurement, and Project Delivery Solution

Job Order Contracting

The ultimate benefit provided by integrated construction planning, procurement, and project delivery solution is significantly improved life-cycle total cost of ownership asset management. 12 Restructuration of architectural. Engineering, Construction and Architectural Management, 26(1), 104–. Journal of.