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Line Item Construction Cost Estimating – 2020 and Beyond!

Job Order Contracting

Detailed line item construction cost estimating is a prerequisite to obtaining best value outcomes for facilities / built infrastructure repair, renovation maintenance, sustainability, and new construction projects. A locally researched detailed line item construction cost estimating database plays a key role in this regards.

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Cost effective FSRM Facilities Facilities Sustainment, Restoration, and Modernization

Job Order Contracting

As a result, FSRM cost estimates and the ability to validate constractor proposal have suffered. The use of generic cost estimating software or spreadsheets are not appropriate for JOC. Cost Visibility A major failing of traditional FSRM practices has been the lack of cost visibility and therefor cost management. Restoration.

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2021 Facilities Repair Renovation and New Construction Cost Management

Job Order Contracting

With appropriate levels of owner leadership and competency and currently available tools and support services efficient facilities repair, renovation, maintenance, and new construction (life-cycle management) can be achieved. An outline of these and additional components of these proven frameworks is provided below. Sample Workflow.

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Integrated Project Delivery Software and Support Services

Job Order Contracting

While fundamental LEAN elements serve as the foundation, solutions can be tailored to an organization’s individual requirements. Integrated project delivery software and support services embed robust LEAN planning, procurement and project delivery processes within a common data and cloud technology environment.

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Demand For Efficient Life-Cycle Building Management Processes – BIM, JOC, IPD – FIATECH PRESENTATION – 2012

Building Information Management

For example, estimating a job requires knowledge about about the impact that AE, context, and execution scope have on each unit, assembly, and system level cost. A “FACEBOOK for Facilities Construction and Life-cycle Operations” is on the horizon. Click to view slideshow.

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Improving Renovation, Repair, and Maintenance Project Delivery

Job Order Contracting

Educational and training programs must focus upon asset life-cycle management and modeling. Overall focus must shift from first-cost mentality to life-cycle/total-cost-of-ownership. How many contractor estimates have been issued? What is the average time from RFQ to contractor estimate?

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Building Life-cycle Costs and Physical Asset Total Cost of Ownership Management (TCO)

Job Order Contracting

Creating and monitoring building life-cycle costs is a key component of physical asset total cost of ownership management. Initial design, procurement, and construction costs of a facility account for only 10%-20% of total capital expenditures throughout its useful life. Life-Cycle Cost Calculation. Demolition.