article thumbnail

4 Types of Construction Estimates You Need

Construction Business Owner

4 Types of Construction Estimates You Need Learn about different estimating practices & why accurate cost data is essential mhodges Tue, 04/25/2023 - 14:35 Common Types of Construction Estimates Throughout all phases of a construction project, it is important that project owners have a good sense of what the total cost will be.

article thumbnail

Construction Cost Estimating 2020 and Beyond – Must Reading for Owners

Job Order Contracting

Construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build, and the consistent achievement of best value outcomes. Levels of Construction Cost Estimates. The are many levels of construction cost estimates based upon a “project” life-cycle.

professionals

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

Construction Cost Estimating Trends – 2014 and Beyond

Building Information Management

Demand for higher productivity in the construction sector and environmental sustainability is reaching a critical level and causing significant changes in both construction cost estimating and the AEC industry as a whole. Major Trends: Shift to life-cycle cost visibility for new construction, renovation, repair, operations, and maintenance.

article thumbnail

COBIE – BIM – Life-cycle Facility Managment

Building Information Management

The correct application of the COBie Guide may then be reference directly in appropriate specifications. These products cover the entire facility life-cycle from planning, design, construction, commissioning to operations, maintenance, and space management. As of 2012 over twenty commercial software products support COBie.

article thumbnail

Construction Cost Estimating Trends – 2014 and Beyond

Building Information Management

Demand for higher productivity in the construction sector and environmental sustainability is reaching a critical level and causing significant changes in both construction cost estimating and the AEC industry as a whole. Major Trends: Shift to life-cycle cost visibility for new construction, renovation, repair, operations, and maintenance.

article thumbnail

” 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. crack, damage, etc.),