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Construction Cost Model

Job Order Contracting

Oddly, few real property owners create a detailed construction cost model for their renovation, repair, maintenance, or new build projects. This is a primary factor causing the high level of waste and dissatisfaction associated with life-cycle management of the built environment. WHAT IS A MODEL? Learn more? Please contact us.

Modeling 187
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Define Construction Procurement

Job Order Contracting

Define Construction Procurement. Define Construction Procurement… It’s easy to define construction procurement right? Improper construction procurement methods and a relative lack of competency on the part of procurement staff have greatly contributed to poor construction outcomes. Perhaps not.

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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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Alliance Contracting Key Aspects

Job Order Contracting

While alliance contracting is typically a term applied in the Australia and the UK to a model applied to large complex projects, its core aspects have been in place for both Integrated Project Delivery (IPD) for major projects, and LEAN, Open Job Order Contracting for years, if not decades.

Contract 190
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Characteristics of Strategic Collaboration and Efficient Construction Project Delivery

Job Order Contracting

Integrated planning, procurement, and project delivery processes and team. The benefits of strategic collaboration vs. traditional construction planning, procurement, and project delivery are well documented and partially listed below (Chan et al., management. Journal of Management in Engineering, 10(6), 26-29.

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Construction project management 101 – Checklist

Lets Build

The term construction project management can be used to describe a vast number of tasks, roles and responsibilities. Additionally, the basics and essentials of budgeting, finance, organisation, scheduling, conflicts, and legal issues are also covered by the project manager. Construction Management 101. The basics.

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Asset Competency Model & Efficient Facility Management #101

Building Information Management

Asset Competency Model & Efficient Facility Management #101. Until Owners understand and are capable of organizational wide deployment of ASSET COMPETENCY MODELS, productivity across the AEC and Facility Management sector will remain poor. What is an ASSET COMPETENCY MODEL? Developing and Managing PEOPLE.