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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Over eighty percent (80%) of construction projects are over-budget, late, or not competed correctly. The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes.

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Job Order Contract Procurement Strategy

Job Order Contracting

JOB ORDER CONTRACT PROCUREMENT STRATEGY. A JOB ORDER CONTRACT PROCUREMENT STRATEGY spans process of soliciting/marketing, contractor selection, and award of a Job Order Contract involves technical and business strategies. The JOB ORDER CONTRACT PROCUREMENT STRATEGY and approach should be tailored to JOC construction services required.

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The Myths of LEAN Construction and Integrated Project Delivery

Job Order Contracting

Anyone with the appropriate levels of motivation, expectation, leadership, and competency can begin to implement LEAN, integrated construction planning, procurement, and project delivery today. “Coming together is a beginning, staying together is progress, and working together is success.” ” Henry Ford.

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Job Order Contracting - Untitled Article

Job Order Contracting

Or… Job Order Contracting is a LEAN procurement and project delivery method for facilities repair, renovation, and minor new construction. Considering a JOC Program? Do your homework! The post appeared first on 4BT.

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Innovative LEAN Construction Tools

Job Order Contracting

An innovative, yet proven method of construction services planning, procurement, and project delivery is gaining traction with owners who require consistent quality repair, renovation, and construction services that are both on-time, and on-budget. Shared Risk/Reward. Mutual Trust/Respect. Defined Workflows. Key Performance Metrics.

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Project Foundation Pt. 2: Building the Master Budget

Stok

The foundation for any successful project is a detailed schedule and budget. Now on the financial side, the Project Manager should work closely with the Client on the conceptual budget at project inception. This budget will evolve into a Master Budget as the site is selected and more information is known about the scope of the project.