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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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Construction Cost Estimating 2020 and Beyond – Must Reading for Owners

Job Order Contracting

Construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build, and the consistent achievement of best value outcomes. Levels of Construction Cost Estimates. The are many levels of construction cost estimates based upon a “project” life-cycle.

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

Job Order Contracting

Common terms, definitions, & data formats — Common data environment (CDE). Cost estimating. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Shared, performance-based risk/reward. Strategic planning.

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Best Value Facilities Repair, Renovation Work Order Delivery

Job Order Contracting

Create a shared scope of work using a a detailed line item construction cost estimate using locally researched cost data. Collaborative design for constructibility. All parties can visualize project and work order requirements at a granular level and drive efficient life-cycle management.

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Introduction to Current Construction Cost ESTIMATING Techniques 

Job Order Contracting

Introduction to Current Construction Cost ESTIMATING Techniques . Robust construction cost estimating is critical to improving productivity, quality, delivery times, cost control, and overall satisfaction for any renovation, repair, or new project. ESTIMATING FORMATS. TYPES OF ESTIMATING & ESTIMATES.

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Facility Life-cycle Costs: Managing the Built Environment – BIM?

Building Information Management

What are Facility/Infrastructure Life Cycle Costs? What is life-cycle management? Is BIM the life-cycle management of the built environment supported by digital technology? What are the benefits of life-cycle cost management vs. a “first-cost” focus? Answers to the above: 1.

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Facility Life-cycle Costs: Managing the Built Environment – BIM?

Building Information Management

What are Facility/Infrastructure Life Cycle Costs? What is life-cycle management? Is BIM the life-cycle management of the built environment supported by digital technology? What are the benefits of life-cycle cost management vs. a “first-cost” focus? Answers to the above: 1.