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Total Cost of Ownership Life-cycle Asset Management – Facilities and other Physical Infrastructure

Job Order Contracting

Efficient life-cycle total cost of ownership management requires the application of LEAN processes and collaborative construction delivery methods. The post Total Cost of Ownership Life-cycle Asset Management – Facilities and other Physical Infrastructure appeared first on 4BT. Learn more? contact-form].

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Construction Equation: Knowledge Problems + Data Problems + Management Problems = Outcome Problems

Job Order Contracting

Facilities and infrastructure project investments have long-term consequences. Life cycle costing: a review of published case studies. Life Cycle Costing as an Important Contribution to Feasibility Study Construction Projects. Procedia Engineering. Design to Life Cycle by Value-Oriented Life Cycle Costing.

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Building information modeling for infrastructure: An engineer's perspective

Construction Dive

Dive deeper into the transportation asset life cycle with Building Information Modeling (BIM) for infrastructure.

Modeling 145
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LEAN Asset Life-cycle Management – Achieve Optimal Construction Outcomes

Job Order Contracting

Optimal construction outcomes such as 90%+ of project on-time and on-budget and 96% satisfaction levels are achieved daily, however, by less than 5% of all real property owners, contractors, architects and engineers. Life-safety, environmental, economic mismanagement are the norm versus the exception. The net result is 2.5%

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Credible Construction Estimate Core Elements

Job Order Contracting

Sharing actionable, transparent information with all construction project participants and stakeholders early on, and throughout the construction and operations life-cycle of a built structure, would measurably mitigate change orders, legal disputes, and waste. and maintenance information into the building knowledge base.

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Integrated Construction Planning, Procurement, and Project Delivery Solution

Job Order Contracting

The ultimate benefit provided by integrated construction planning, procurement, and project delivery solution is significantly improved life-cycle total cost of ownership asset management. Engineering, Construction and Architectural Management, 26(1), 104–. Management in Engineering, 35(1), 05018014. Team Selection.

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Engineers Rise to Challenge to Deliver Ideas for Infrastructure Innovation

ENR Construction

The American Society of Civil Engineers Innovation Contest addresses the ASCE’s Grand Challenge, which tasks civil engineers to significantly enhance the performance and life-cycle value of infrastructure by 2025.