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.

article thumbnail

Forget Construction Cost Estimating Accuracy

Job Order Contracting

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate. This is clearly foolish.

professionals

Sign Up for our Newsletter

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

article thumbnail

Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality. Over eighty percent (80%) of construction projects are over-budget, late, or not competed correctly. Better Manage Construction Costs.

Schedule 163
article thumbnail

Reliable Construction Cost Estimating

Job Order Contracting

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

article thumbnail

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.

article thumbnail

PROVEN FORMULA FOR EFFICIENT FACILITIES Repair, Renovation, Maintenance, and New Construction

Job Order Contracting

Integrating People, Process, Information, and Technology with proven industry best practices and organization-specific requirements into a proven cost management solution. Create estimates, deploy project workflows and controls, inclusive of timelines, approval stages, appropriate information access, and more. Exclusively from 4BT!

article thumbnail

Meet the New Cassell Consulting: Your Partner in Construction Technology

Cassell Construction Estimating

Ongoing: And we still offer our broad array of services to create custom reports, data migration, project schedule creation and management, implementation and training for a myriad of construction technology solutions, custom application development and expert technical support.