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Construction Cost Estimating Facts

Job Order Contracting

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

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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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Collaborative Construction Procurement Planning and Project Delivery = Best Value Outcomes

Job Order Contracting

Collaborative Construction Procurement Planning and Project Delivery is a robust process for consistently achieving long-term best value for all participants and stakeholders. Common Data Environment : Common terms and definitions must be shared by all parties. Parametric cost modeling, area cost factors, location factors, etc.,

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Construction Cost Estimating – LEAN

Job Order Contracting

-+. Construction Cost Estimating – LEAN. This paper ” Construction Cost Estimating-LEAN” discusses the positive impacts of collaboration, a common data environment, and locally researched detailed line item construction cost data. Loss of cost estimating expertise at a detailed line item level.

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Define Construction Procurement

Job Order Contracting

Define Construction Procurement. Define Construction Procurement… It’s easy to define construction procurement right? Improper construction procurement methods and a relative lack of competency on the part of procurement staff have greatly contributed to poor construction outcomes. Perhaps not.

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes. All off the require tools and support services to create integrated environments, to address all of the above issues, and more, are readily available.

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Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes?

Job Order Contracting

As real property owners, it’s your roles to encourage innovation and new approaches by prescribing means and methods of planning, procurement, and project delivery and requiring compliance. Individual projects WILL NOT consistently achieve bst value outcomes unless they are conducted within an overall programmatic environment!

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