article thumbnail

RS Mean’s 2015 Facility Manager’s Package offers new life cycle cost models for facilities

Construction Cost Estimating

RSMeans obtained by the Gordian Group, the most recognized supplier of construction cost estimating information in North America, just declared the availability of its totally new life cycle cost models for facilities which belong to its 2015 Facility Manager’s Package.

article thumbnail

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.

professionals

Sign Up for our Newsletter

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

article thumbnail

Integrated Construction Planning, Procurement, and Project Delivery Solution

Job Order Contracting

The ultimate benefit provided by integrated construction planning, procurement, and project delivery solution is significantly improved life-cycle total cost of ownership asset management. Comparison of Project Performance between Project Delivery Systems. contact-form] Learn more about… Choosing IPD & Lean.

article thumbnail

2021 Facilities Repair Renovation and New Construction Cost Management

Job Order Contracting

With appropriate levels of owner leadership and competency and currently available tools and support services efficient facilities repair, renovation, maintenance, and new construction (life-cycle management) can be achieved. Project Procurement and Delivery Environment Comparison. Sample Workflow. via 4bt.us.

article thumbnail

Best Construction Cost Estimating Solution

Job Order Contracting

Workflow Management – Process is “king” Having a LEAN workflow associated with estimates throughout a project life-cycle brings consistency and quality to the process. All of the above and more are exclusively available within the 4BT OpenBUILD (TM) suite of solutions. Change how you do business, starting today!

article thumbnail

Facilities Lifecycle Management

Job Order Contracting

See asset life-cycle model… A total cost of ownership perspective is also required as opposed to the more prevalent practice of first-cost dominance. Transparency – Appropriate access to cost information, and associated comparison to published independent third-party costs, such as RSMeans Construction Cost Data.

article thumbnail

Demand For Efficient Life-Cycle Building Management Processes – BIM, JOC, IPD – FIATECH PRESENTATION – 2012

Building Information Management

A “FACEBOOK for Facilities Construction and Life-cycle Operations” is on the horizon. BIM definition, from NIBS, and I paraphrase, is the life-cycle management of facilities supported by digital technology. Higher Level FM Processes – LEAN, TCO / Total Cost of Ownership / Life-cycle Management.