Remove Documentation Remove Engineering Remove Estimating Remove Life Cycle
article thumbnail

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.

article thumbnail

Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

professionals

Sign Up for our Newsletter

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

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

Get a competitive edge in your construction projects with value engineering

BD+C

Get a competitive edge in your construction projects with value engineering 1 kcichowicz Thu, 05/18/2023 - 11:53 Trimble Over the past half-century, value engineering (VE) has proven to be an effective tool to manage time, costs, and quality with an aim to maximize value. What is value engineering?

article thumbnail

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.

article thumbnail

LOD – Level of Development – BIM – Life-cycle

Building Information Management

Level of development (LOD) relative to the life-cycle management of the built environment (BIM) should have a solid framework relative to ONTOLOGY. While the definition of “life-cycle” has many permutations, and is likely to undergo ongoing improvement, the relationship to LOD needs to be developed in parallel.

article thumbnail

Construction is NOT complex…. People are. Successful Construction Project Delivery Requirements

Job Order Contracting

What documentation, forms are required? Who assesses the impact of the proposed changes? Who reviews the proposed change and its impact for initial approval ? How is the change implemented? What information is used in the process?