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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

Some refer to these risks as "known-unknowns" because the estimator is aware of them, and based on past experience, can even estimate their probable costs. The estimated costs of the known-unknowns is referred to by cost estimators as cost contingency. RSMeans refers to this as, "Price the quantities."

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Your Guide to All-in-One Construction Software

Autodesk Construction Cloud

This is why so many firms end up saying, “We need the best all-in-one construction software.” Or if you’re exploring more ways to digitize your processes, we’ll give you a crash course on how the right software implementation can help you achieve your goals. . What is all-in-one construction software?

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Can We Make Home Building a Little Less ‘Interesting?’

Pro Builder

The Colorado Springs model for bringing back trade skills training in high schools is spreading. Be honest with yourself: Can you describe your startups as a finely honed process with all plans, specification, selections, options, colors, and sales collateral materials complete before construction of the first model begins?

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Construction Cost Estimating Blog: RS Means adds a wing to its cost.

Construction Cost Estimating

RS Means construction cost data is updated annually to avail up-to-date labor, materials and overhead costs for construction estimating projects. The database acts as a resourceful reference to present the latest information accessible to deal with any kind of electrical estimate. Estimating and Costing in Civil Engineering Software.

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Data Scientists Reveal 5 Surprising Construction Insights to Manage Risk 

Autodesk Construction Cloud

To understand how data insights can inform success outcomes for the construction industry, Scott refers to a framework of Data – Information – Knowledge – Wisdom. An example of a data point might be the number of overhead mechanical racks installed on the job that day, or logging the root cause of a safety incident.

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CULTURE, TECHNOLOGY/SOCIAL MEDIA, & BIM

Building Information Management

BIM (Building Information Modeling), cloud computing, and social media are disruptive technologies which are altering the basic foundations of the AECOO sector (Architecture, Engineering, Construction, Owners, and Operations). BIM (Building Information Modeling), cloud computing, and social media are disruptive technologies which are.

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3 Ways to Take Construction Asset Tracking to the Next Level 

Autodesk Construction Cloud

You can configure the system for your specific scope and work packages to make it easy for teams to access the assets they need, whether in the office or the field. And when categories are combined with custom fields, users can track all project hierarchy as it relates to physical bills of material, drawings, models, etc.