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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. ■

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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.

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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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Efficient Life-cycle Management of the Built Environment – An Elusive Goal in the Public Sector

Job Order Contracting

Efficient life-cycle management of the built environment in the public sector has remained an elusive goal. The significant negative economic and environmental impacts has been well documented. The post Efficient Life-cycle Management of the Built Environment – An Elusive Goal in the Public Sector appeared first on 4BT.

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FM Sustainability Regulation

Job Order Contracting

The climate impacts of new construction must be documented with a climate calculation (i.e. a life cycle assessment, LCA) in connection with the completion notification of the construction. If you are going to build a new heated building, you are responsible for complying with the requirements. kg CO2 equivalent/m2/year.

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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.

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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”. –