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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

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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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BIM, Value Management, Life-cycle Cost Management

Building Information Management

BIM is the life-cycle management of the built environment supported by digital technology. BIM is the life-cycle management of the built environment supported by digital technology. The recent increase in demand for sustainable or green buildings is further making the consideration of life cycle cost an issue.

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” Evidence-based ” Life-cycle Federal Facility Management, BIM, and the Status Quo – NIBS, FFC

Building Information Management

Key Topics / Take Aways: Identify and advance technologies, processes, and management practices that improve the performance of federal facilities over their entire life-cycle, from planning to disposal. Requirements for facility life-cycle management, efficient repair/maintenance/sustainability, BIM. Budget call process.

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Definition of BIM – Building Information Modeling – Defintions from Various Sources

Building Information Management

‘Building Information Modelling (BIM) is digital representation of physical and functional characteristics of a facility creating a shared knowledge resource for information about it forming a reliable basis for decisions during its life cycle, from earliest conception to demolition.” ” – RICS.

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BIM Basics 2014 – Building Information Modeling, Models, and Management

Building Information Management

BIM is the life-cycle management of the built environment supported by technology. It is a calculation of all facilities-specific costs (not including furnishings or non-facility specific equipment) divided by estimated lifespan of the building (30 or 50 years), and the total gross area. Is this an appropriate metric?

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BIM ( Building Information Modeling ), Cloud-computing, Changement Management, and Architecture, Engineering, and Construction – III

Building Information Management

BIM is the life-cycle management of the built environment support by digital technology. Poor life-cycle management knowledge transfer. Fear that cloud computing will reduce the importance of Architects, Cost Estimators, Construction Managers, and other related profession is unfounded.

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