Remove Budgeting Remove Documentation Remove Equipment Remove Life Cycle
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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. ■

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Credible Construction Estimate Core Elements

Job Order Contracting

Locally researched labor, material, equipment, and productivity data is essential in the devlopement of a credible construction cost estimate. GAO, 2009 The associated processes for developing a credible construction cost estimate are equally well documented. ENR economic index, etc.)

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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

Labor, material, and equipment costs, as well as productivity information should be provided and all based upon current local market conditions. Historical data for similar project will rarely be of any practical use due do variations in local market labor, material, and equipment pricing as well as productivity.

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Improve AECOO Performance Today!

Job Order Contracting

The successful integration of People, Process, Information, and Technology leads to the consistent delivery of quality repair, renovation, maintenance, sustainability, and new construction projects on-time and on- budget. I have dedicated a fair portion of my life to improving physical asset life-cycle total cost of ownership management.

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What Does It Take to Practice LEAN Facilities Management

Job Order Contracting

LEAN Facilities management is a process that optimizes physical asset life-cycle reinvestment by focusing upon best value outcomes among all participants and stakeholders.

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LEAN Job Order Contracting

Job Order Contracting

LEAN JOC integrated People, Process, Information, and collaborative Technology to consistently yield quality projects on-time and on-budget. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us. Planning, procurement, and project delivery are all included with the LEAN JOC framework. TOOLS AND SERVICES.

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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.