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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.

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BIM Glossary Terms and Definitions – NBIMS-US – 2013

Building Information Management

As such it serves as a shared knowledge resource for information about a facility, forming a reliable basis for decisions during its life cycle from inception onwards. BIM Life-Cycle Views. Life-cycle Assessment. Life-cycle Costs. Life-cycle Stages. Life-Cycle Views.

BIM 40
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Construction Cost Estimating Blog: Related Costs of a built.

Construction Cost Estimating

The operation and maintenance cost over the project life cycle for succeeding years should comprise of relevant land rent, Labor and material for maintenance and repairs, cyclic renovations, Insurance and taxes, Financing costs, Utilities, Operating staff, Owners other expenses. How to prepare a bid estimate to win a project.

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Job Order Contracting – Best Practices Implementation

Building Information Management

The contractor(s) may submit sample bids and a coefficients (a multiplier(s) to be applied to the referenced unit price book. Competitive quotations shall be secured wherever feasible, and in all instances, when requested by the Owner. Subcontract bid. A pre-bid conference will be scheduled for the week of xxxxxx.