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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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Top 5 Challenges for Construction Project Managers

Fieldwire

In this guest blog post for Fieldwire, Patrick Hogan explains five common challenges project managers face on construction projects. Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster.

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Community-based Construction Cost Estimating

Job Order Contracting

Community-based Construction Cost Estimating … The OpenCost TM Approach. Traditional cost data commonly available on the market is based upon national averages. The OpenCost Methodology TM is a collaborative and ongoing cost estimation process. The estimator (owner/contractor/A&E, etc.)

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What Causes Construction Project Delays?

Viewpoint Construction Technology

As a contractor, misquoting a job estimate can be massively detrimental; some jobs are shut down for weeks, months or even dropped altogether. Accurate estimating ensures there is always enough money for materials, wages, and more. Waiting for someone, somewhere to make a decision that is keeping the entire project from moving forward.

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Adaptive Construction Planning, Procurement, and Project Delivery

Job Order Contracting

The post Adaptive Construction Planning, Procurement, and Project Delivery appeared first on 4BT.

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

Often, this makes it hard to find a solution—you have to handle a complicated blend of equipment, inventory, subcontractors, bids, and project management, just to name a few. It’s a secure, SaaS solution with reporting, dashboards and data analytics available on phones, tablets and PCs—anywhere at any time. SAP S/4HANA.

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Construction Business Owner Blogs

Construction Business Owner

General Management. People Management. Equipment Management. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Also make sure your project managers understand the contract language fully. Was your initial estimate off?