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Estimating Facility Life-cycle Costs

Job Order Contracting

Estimating Facility Life-cycle Costs is a critical aspect of facilities management. Key elements associated with Estimating Facility Life-cycle Costs include the following: Experience. Systems costs and systems life-cycles. Expected system/assembly life-times. Current percentage of life used.

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LEAN, BIM, and Measurably Improving Facilities Life-Cycle Management

Job Order Contracting

BIM (Building Information Modeling) is the efficient management of the life-cycle of the built environment supported by digital technology. BIM can provide huge benefits to the stakeholders in all phases of the building process – Planning; Design; Construction; and Operations and Maintenance.

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Job Order Contracting Life-cycle Facilities Value Management

Job Order Contracting

Job Order Contracting Life-cycle Facilities Value Management and improving AECOO outcomes for all participants and stakeholders. Job Order Contracting Life-cycle Facilities Value Management enables the efficient use of available funds targeted for executing renovation, repair, maintenance, and minor new construction projects.

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BIM Life-cycle Management Competency, Common Terms, and Change Management

Job Order Contracting

BIM Life-cycle Management Competency, Common Terms, and Change Management. Forget 3D visualization, Life-cycle Management Competency and Common Terms are the most critical aspects to achieving efficient renovation, repair, maintenance, sustainability, and new construction of the built environment.

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LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

LEAN Practices Asset Competency Model. Construction. Construction project delivery methodology. Life-cycle Management. The Construction Operations Building information exchange (COBie) has become one of the most widely known data formats. Construction code databases. Construction cost databases.

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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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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Required level of detail, and overall scope. #2 Monte Carlo simulation) to develop a confidence interval around the point estimate. ■