article thumbnail

Valid construction estimates

Job Order Contracting

Valid construction estimates are based on processes and procedures, however, most organizations rely upon dated, ineffective methods. Cost and time estimates are imperative to the success of any construction project, both during construction and throughout the project life. 2 Detailed line item estimating.

article thumbnail

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Open Construction Cost Estimating

Job Order Contracting

Open Construction Cost Estimating for 2018 and Beyond! Create you own line items from a core line item database, build estimates, manage projects, store and view virtually all forms of documents. Gain an integrated, real-time view of project cost and and status. Mitigate variance and risk! It’s that simple.

article thumbnail

Community-based Construction Cost Estimating

Job Order Contracting

Community-based Construction Cost Estimating … The OpenCost TM Approach. Traditional cost data commonly available on the market is based upon national averages. The OpenCost Methodology TM is a collaborative and ongoing cost estimation process. The estimator (owner/contractor/A&E, etc.)

article thumbnail

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. Project Procurement and Delivery Environment Comparison. Sample Workflow. via 4bt.us.

article thumbnail

The Digital Builder's Guide to Preconstruction Collaboration

Construction Business Owner

From overextended budgets to project delays, an ineffective preconstruction phase can cause your construction life cycle to fall like dominoes. Research shows that as a project advances, trying to fix those problems and make changes becomes more expensive and challenging. Project Management. Main Image.

article thumbnail

Construction is NOT complex…. People are. Successful Construction Project Delivery Requirements

Job Order Contracting

RESOURCES eBOOK – An Introduction to LEAN Construction – Your ultimate guide to facilities repair, renovation, and new build cost management.