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

Integrated Construction Planning, Procurement, and Project Delivery Solution

Job Order Contracting

Consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budget is possible using an integrated planning, procurement, and project delivery solution. 12 Restructuration of architectural. Engineering, Construction and Architectural Management, 26(1), 104–. Team Selection. 4170.000042.

professionals

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

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

Job Order Contracting

Continuous improvement the O&M Plan and associated processes. Strategic planning. Space planning. Capital planning and management. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers.

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

Fundamentals of Efficient Public Sector Construction Planning, Procurement, and Project Delivery

Job Order Contracting

The Fundamentals of Efficient Public Sector Construction Planning, Procurement, and Project Delivery are important to professionals hoping to meet their fiduciary responsibilities by maximizing the use of taxpayer funds. Fundamentals of Efficient Public Sector Construction Planning, Procurement, and Project Delivery.

article thumbnail

Facility Life-cycle Costs: Managing the Built Environment – BIM?

Building Information Management

What are Facility/Infrastructure Life Cycle Costs? What is life-cycle management? Is BIM the life-cycle management of the built environment supported by digital technology? What are the benefits of life-cycle cost management vs. a “first-cost” focus? Answers to the above: 1.