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

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Digital Twin – Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle.

Job Order Contracting

Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle. Requisite Components of a Physical Asset Life-cycle Management Solution. appeared first on 4BT.

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

Job Order Contracting

Clearly defined and documented roles, responsibilities, workflows. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Standardized data architectures (Cobie, Masterformat, Uniformat, Omniclass).

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Construction Document Information Management

Job Order Contracting

Construction Document Information Management is central to productivity improvement. Construction Document Information Management. Streamlining Construction Document Information Management processes is an essential step towards improving productivity, quality, and overall value for all stakeholders. 2017, Cholakis, P.

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Construction is NOT complex…. People are. Successful Construction Project Delivery Requirements

Job Order Contracting

What documentation, forms are required? Who assesses the impact of the proposed changes? Who reviews the proposed change and its impact for initial approval ? How is the change implemented? What information is used in the process?

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Construction Classification Criticality – A Draft White Paper

Job Order Contracting

Architecture, Engineering, Construction, Facilities Management, & Life-cycle Management of the Built Environment. The combination of information related to all aspects of physical assets life-cycle is best called a physical asset model. Construction Classification Criticality.

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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.