article thumbnail

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.

article thumbnail

Credible Construction Estimate Core Elements

Job Order Contracting

GAO, 2009 The associated processes for developing a credible construction cost estimate are equally well documented. “Despite the fact that these basic characteristics have been published and known for decades, we find that many agencies still lack the ability to develop cost estimates that can satisfy them”. –

professionals

Sign Up for our Newsletter

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

article thumbnail

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. ■

article thumbnail

Digital Twin – Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle.

Job Order Contracting

Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle. Requisite Components of a Physical Asset Life-cycle Management Solution. appeared first on 4BT.

article thumbnail

Construction Document Information Management

Job Order Contracting

Construction Document Information Management is central to productivity improvement. Construction Document Information Management. Streamlining Construction Document Information Management processes is an essential step towards improving productivity, quality, and overall value for all stakeholders. 2017, Cholakis, P.

article thumbnail

Integrated Project Delivery Software and Support Services

Job Order Contracting

Upload and share documents and make them available to your whole team – including PDF, Word and Excel files, images and videos. Common Data Environment.

Software 150
article thumbnail

Best Construction Cost Estimating Solution

Job Order Contracting

Document Management – Version control, inclusive of document check-in/check-out is a must for assuring everyone is working the right information at the right time. National average cost databases (with or without cost factors), and/or historical costs simply are insufficient. and Detailed BIM Information.