Job Order Contracting

APRIL 22, 2019

Open Job Order Contracting, as embodied within the OpenJOC(TM) Solution, integrates LEAN construction best management practices (BMPs) with collaborative cloud technology to enable efficient, best value construction services outcomes. Significant reduction in JOC Program implementation and management costs.

Procurement 100

Procurement CSI Contract Negotiation 100

Construction Law

JUNE 3, 2024

Early Contractor Involvement Risks and opportunities of ECI and NEC option X22 Early contractor involvement is a growing trend as clients take on board the message that it can lead to better project outcomes. which are exercised only rarely despite the expense incurred in negotiating them. Insolvency Step Forward Step in Rights?

Insurance 52

Insurance Construction Legal Drafting 52

Autodesk Construction Cloud

OCTOBER 6, 2022

Construction companies juggle many different risks and responsibilities as they strive to grow their businesses, or simply survive in an uncertain economy. Lack of financial strategy runs the risk of missed new opportunities, letting your cash to sit when it could be put to work, or overextending yourself.

Cash Flow 98

Cash Flow Autodesk Finance Construction 98

Fieldwire

AUGUST 14, 2023

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage is up for negotiation Retainage is not set in stone. Every contract is negotiable, including what percentage is retained and for how long.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Construction Cost Estimating

FEBRUARY 22, 2018

A position is vacant for senior project manager in Melbourne, Australia. The prospective candidate has to report to the deputy general manager (construction) as well as supervise assistant project manager or project administrator. Sell off and manage risk. Sell off and manage risk.

Project Management 40

Project Management Management Construction Residential 40

Autodesk Construction Cloud

JULY 13, 2023

While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. It’s so hard to hire a project engineer or even a project manager or superintendent. Recognize that risks are part of the territory Reducing risk starts by recognizing it.

Profitability 98

Profitability Risk Construction Autodesk 98

Construction Law

MARCH 1, 2024

Guest editor Managing change control following the Building Safety Act 2022 Guest Editors Roddy Cormack and Katie Percy of Dentons UK and Middle East LLP warn that the new change control regime introduced under the Building Safety Act could make allocating and managing contractual risk significantly more challenging.

Insurance 40

Insurance Claims Safety Legal 40

Job Order Contracting

NOVEMBER 27, 2017

Integration of proven Best Management Practices (BMPs)… locally researched cost data, enabling cloud technology to support opportunity identification, budgeting, project scope development, cost estimating, owner/contractor negotiations, and monitoring/reporting, and ongoing training/support. Risk mitigation.

Contract 100

Contract Life Cycle Budgeting Budget 100

Job Order Contracting

JUNE 13, 2019

Shared Risk/Reward. Planning, estimating, negotiating, procuring, managing, and closing out projects are all phases that are fully defined within a LEAN construction environment. Common Terms, Definition, including a locally researched, detailed unit price book for associated construction tasks. Financial Transparency.

Innovation 100

Innovation Construction Procurement Bidding 100

Viewpoint Construction Technology

FEBRUARY 19, 2019

Effectively managing cash flow is critical for contractors’ success. A rolling cash flow forecast will equip management with the tools to: Assess project performance. Better manage commercial risk and opportunity. This means you need to build rolling enterprise operating cash flow forecasts, project by project.

Cash Flow 130

Cash Flow Forecasting Construction Software 130

PSMJ Resources

SEPTEMBER 12, 2011

Good Project Management is Good Risk Management. Most risks are foreseeable and responsive to thoughtful project management. • Risk reduction by any means is usually superior to any management scheme. . • Risk reduction by any means is usually superior to any management scheme.

Project Management 40

Project Management Risk Resource Management 40

BD+C

SEPTEMBER 8, 2023

Scott Martin, PE, LEED AP, DBIA Building Team Contractors Designers Designers / Specifiers / Landscape Architects Engineers Facility Managers Architects Building Owners Recently, I was asked to present to a group of aspiring engineers at the Florida A&M-Florida State University College of Engineering.

Structural Engineering 111

Structural Engineering Engineering Florida Raleigh 111

Job Order Contracting

MAY 9, 2017

As a real proper owner, facilities management professional, or construction contractor, is important to review internal policies, procedures and controls with respect to your JOC Program and Estimating Construction Costs for Job Order Contracts : Are there areas of risk and/or compliance issues? Faster project delivery.

Estimating 100

Estimating Contract Change Orders Construction 100

Wolgast Corporation

APRIL 25, 2022

This new building can be built to suit your operational needs rather than trying to fit your operation into an existing floor plan, and with limited risk to your business. The developer reviews the business owner/lessee’s business financials and determines that he or she is a qualified candidate to take on the risk of building their building.

Leases 62

Leases Risk Finance Negotiation 62

Job Order Contracting

MARCH 22, 2018

Manage estimates, budgets and forecasts. Accurately estimate and manage LEAN construction programs and associated renovation, repair, and minor new construction projects. Effectively and transparently track and manage budgets, forecast performance and progress, and create a collaborative procurement and cost/project management process.

Contract 100

Contract Estimating BIM Forecasting 100

Autodesk Construction Cloud

JULY 13, 2023

While bringing in large projects and generating revenue is essential, it's equally important to manage profit effectively and ensure healthy margins. It's so hard to hire a project engineer or even a project manager or superintendent. Recognize that risks are part of the territory Reducing risk starts by recognizing it.

Profitability 52

Profitability Risk Construction Autodesk 52

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them.

Risk 52

Risk Management Contractors Construction 52

Autodesk Construction Cloud

NOVEMBER 15, 2021

Today’s guest, Karalynn Cromeens , Owner & Managing Partner at The Cromeens Law Firm , joins the show to share the steps everyone can take to make contracts more straightforward and less contentious. Karalynn Cromeens, Owner & Managing Partner, The Cromeens Law Firm. On this podcast episode. Let’s meet in the middle.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Viewpoint Construction Technology

AUGUST 15, 2018

Whilst many of these services initially helped companies, today the landscape is so crowded with niche solutions that IT managers and executive teams are left scratching their heads at the range of confusing purchase options available to them. One integrated construction management solution can provide contractors with significant benefits.

Software 130

Software Software Construction Viewpoint 130

Job Order Contracting

JULY 28, 2021

Most contractors have heard of design-bid-build, design-build, construction manager at risk, and even public private partnerships, various project delivery methods, which, at their heart, focus on balancing the interests of the various parties involved in a construction project, from owners, to design professionals, to contractors.

Contract 130

Contract Negotiation Los Angeles Estimating 130

Job Order Contracting

OCTOBER 20, 2017

LEAN construction delivery – project and program management. The OpenJOC Job Order Contracting Framework enables centralized management and consistent deployment of best value and compliant processes, methods, and technologies to drive optimal renovation, repair, and construction outcomes. Attacking variation reduces risk.

Contract 100

Contract Project Management Budgeting Budget 100

Construction Cost Estimating

MAY 19, 2016

Project management requires the knowledge & expertise of the project team members involving the project manager , use of tools and techniques accessible to make sure that the assigned tasks are accomplished in a perfect manner. To get it all done, you have to take proper decisions for appointing a project manager.

Project Management 40

Project Management Management Negotiation Environment 40

Pro Builder

NOVEMBER 18, 2022

Providing potential buyers with a complete understanding of the opportunities, risks, and upsides for each community in your portfolio pays off in the long run. 6 Essentials for Managing Through a Merger or Acquisition. Business Management. Home Builder M&A Activity: It’s a Seller’s Market. Diligence and Closing.

Deals 52

Deals Bidding Agreement Cash Flow 52

Construction Law

OCTOBER 2, 2023

Major failings in the procurement and project management processes have been highlighted by Lord Hardie’s report (see News) as responsible for what must be one of the biggest infrastructure procurement screw ups in Scottish history. Neither TIE or the council had the necessary expertise to procure and manage a project like this.

Procurement 52

Procurement Transportation Contract Infrastructure 52

Building Information Management

MARCH 8, 2016

JOC FUNDAMENTALS – Job order contracting, like any LEAN best management process, has basic requirements that focus upon collaboration, transparency, quality, and continuous improvement: Early and ongoing involvement of ALL participants. Shared risk/reward. Owner/Contractor negotiations and/or changes as needed. Mutual respect.

Contract 40

Contract Management Estimating Renovating 40

HardHatChat

JANUARY 18, 2011

Also, by using poorly maintained equipment, you carry a higher risk of equipment malfunction, which could jeopardize your safety plan. With your commercial general contractor on the front lines of all design plans and in charge of selecting the engineer and architect, you greatly reduce the risk for unnecessary change orders.

Commercial 263

Commercial Bidding Negotiation Construction 263

Job Order Contracting

OCTOBER 24, 2017

The AECOO sector is not wasteful due to its inherent complexity, it’s due to lack of proper management. Shared Risk/Reward. Associated Documents and Reports (JOC Operations Manual, Notice to Bidders, Bid Forms, RFP, Proposal Form, Negotiations Records, Close-out Form/Package). Shorter Project Delivery Times.

Budgeting 100

Budgeting Budget Renovating Overhead 100

Job Order Contracting

OCTOBER 18, 2016

The appropriate work management office is responsible for assessing the validity of the work request, checking for duplication with other requests, classifying the category of work, checking the. The Facility Management / Technical Engineering Management Team (FM) is responsible for contract. Assignment of a Project Manager.

Contract 100

Contract Procurement Negotiation Project Management 100

Revit OpEd

AUGUST 30, 2011

That means I've been negotiating with the Manage Links dialog a fair bit. Next, the Manage Links dialog doesn't sort the files alpha/numerically, it keeps them in the order that you import them. As such, once I got a point cloud in place I was really reticent to risk it getting out of whack again. Imagine scrolling a bit.

Management 56

Management Revit Negotiation Injury 56

Stok

JANUARY 29, 2020

When it comes to finding the right Project Manager for your design and construction project, tracking scope, cost, and schedule is itself not enough. To be an effective leader, your Project Manager needs to be proactive rather than reactive. Your Project Manager needs to be a strong, consistent communicator.

Project Management 64

Project Management Management Schedule IDEA 64

Job Order Contracting

JUNE 9, 2017

Here are a few lessons learned with respect to improving construction productivity, and overall life-cycle management of the built environment. Unfortunately some sectors such as County, State, and Local Government are notoriously poor facilities management practitioners and many agencies have corrupted the use of JOC.

Contract 100

Contract Products Life Cycle Procurement 100

Wolgast Corporation

DECEMBER 12, 2022

Sensibly, we understand that sharing a budget feels risky because it shows the owners “full hand” so to speak in poker terms and he or she could feel like it reduces the opportunity to negotiate.

Budgeting 127

Budgeting Budget Estimating Construction 127

Job Order Contracting

AUGUST 15, 2016

That said, Job Order Contracting must be implemented and managed appropriately. As an Owner, negotiate openly and fairly with the Contractor on individual JOC projects / task orders. As an Owner, pay a fee to a third party administrator or JOC management firm to manage your JOC program that is tied to construction value.

Contract 100

Contract Estimating Bidding Contractors 100

Lets Build

JULY 13, 2017

This is another risk for the UK with no clear-cut answers. Without new sources of funding, the UK is at risk of being an unattractive investment. Other large scale projects are being divided into manageable phases, which although risky and more expensive, can make more sense in the long run.

Industrial 165

Industrial Construction Infrastructure Negotiation 165

DebunkTheBIM

NOVEMBER 18, 2013

This approach, though explained at a professional gathering where the CEO of Gammon was also presenting had somehow been missed by the bidders and later on management of the project and the director in charge of BIM implementation. I had come up with various options of various risks and costs associated with each.

BIM 48

BIM Risk Contract Claims 48

Constructonomics

FEBRUARY 15, 2014

While on perhaps one occasion I considered going to a local bridge like the Ben Franklin or Delaware Memorial and hurling myself off of it, I managed to maintain relative sanity through the process – although there were times when it could have easily gone either way. We need to manage them better on the owner side.

Bidding 171

Bidding Contract Contractors Delaware 171

PSMJ Resources

NOVEMBER 14, 2011

6 Common Project Management Practices of the Most Successful A/E/C Firms. PMs should have a key role in the development and negotiation of scope. This practice is essential for realistic budgeting, scheduling, easier negotiating, and to serve as a yardstick to monitor the progress of the project against the resources spent to date.

Project Management 49

Project Management Resource Management Negotiation 49