Remove Change Orders Remove Estimating Remove Life Cycle Remove Risk
article thumbnail

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.

article thumbnail

Construction is NOT complex…. People are. Successful Construction Project Delivery Requirements

Job Order Contracting

Only improved early and ongoing collaboration and communication across all participants and stakeholders has proven to reduce errors and omissions, minimize the number of change orders, shorten overall project delivery times, improve quality, and reduce total project costs. The post Construction is NOT complex… People are.

professionals

Sign Up for our Newsletter

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

article thumbnail

Improving Renovation, Repair, and Maintenance Project Delivery

Job Order Contracting

Educational and training programs must focus upon asset life-cycle management and modeling. Overall focus must shift from first-cost mentality to life-cycle/total-cost-of-ownership. How many contractor estimates have been issued? What is the average time from RFQ to contractor estimate? Lower total cost.

article thumbnail

Job Order Contracting Done Right! Open, Best Value, Efficient

Job Order Contracting

Job Order Contracting done right, that’s what the OpenJOC(TM) Job Order Contracting Framework is all about. An open, objective, independent and verifiable JOC Cost Estimating, Project Management, and Document Management System for real property owners, architects, contractors, facilities management, and oversight groups.

Contract 100
article thumbnail

BEST VALUE & COMPLIANT Construction Planning, Procurement, And Project Delivery

Job Order Contracting

As you already know, 70%+ of projects are delivered late, 73% of project are delivered over budget, rework/change orders/waste are common, teamwork is poor, risk is high, and overall satisfaction is low. LEAN, best value, practices and tools fully integrated people, process, information, and technology.

article thumbnail

Public Sector Real Property Management – Quality Construction Cost Estimating – Earned Value Management

Building Information Management

The Need for Credible Construction Cost Estimates. GAO and other studies/reports consistently report that errors and lack of due diligence with respect to original construction cost estimates are primary reasons for negative cost and schedule impacts, and overall poor project performance and outcomes.

article thumbnail

20+ Fresh Releases for Autodesk Construction Cloud

Autodesk Construction Cloud

By turning on new columns, users can now easily see the original SOV, change orders, and revised SOV to have a granular view of costs. Cost Management | Display Associated xCO Number in all xCO Table Views* Within all table views within the Change Order tool, users now have the option to display associated xCO numbers (e.g.,

Autodesk 111