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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 Management = Transparency and Credibility

Job Order Contracting

Construction Cost Management = Transparency and Credibility. Is your construction cost estimate… Comprehensive? Well-documented? An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. FACTORS IMPACTING AN ESTIMATE.

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A Relationship-based Approach to Sustainable Facilities Management

Job Order Contracting

A Relationship-based Approach to Sustainable Facilities Management is needed to meet current and emerging economic and environmental requirements. Traditional methods for planning, procuring, and delivery repair, renovation, maintenance, and new construction are incapable of consistently delivery of quality outcomes on time and on time.

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Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity

Job Order Contracting

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.

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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.

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Lean Asset Management

Job Order Contracting

Lean Asset Management significant improve the availability, dependability, usefulness, safety of facilities and other physical assets, while also lowering life-cycle costs. Lean Asset Management differs from traditional approaches in several ways. The post Lean Asset Management appeared first on 4BT.

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Announcing an Innovative LEAN Construction Planning Procurement Project Delivery Solution Solution

Job Order Contracting

Collaborative LEAN Construction Planning Procurement Project Delivery Solution. The post Announcing an Innovative LEAN Construction Planning Procurement Project Delivery Solution Solution appeared first on 4BT. Remove the traditional silos and no longer depend upon inefficient and antagonistic construction delivery methods.