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Redefining Construction Document Management

Viewpoint Construction Technology

Aside from the obvious issues of being wasteful and bad for the environment, reliance on paper can lead to a host of other pitfalls : • Paper documents run a high risk of getting lost or misplaced, especially in the field. Not to mention the space needed and additional costs to sort and archive paper documents.

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Common construction cost estimating problems

Job Order Contracting

Labor Cost Miscalculations: Failing to account for factors like overtime, labor productivity, and prevailing wage rates, significant variations if workers compensations, can result in inaccurate labor cost estimations. Experienced Estimators: Utilizing estimators with relevant expertise and knowledge of the project type and local market.

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Relationship-based Job Order Contracting

Job Order Contracting

Mechanism for sharing risks and benefits Sustainable Facilities Management [contact-form] The post Relationship-based Job Order Contracting appeared first on 4BT.

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Achilles Acquires GRMS: Supply Chain Risk Management Solutions

Safety Services Company

The supply chain industry is rapidly evolving, making effective supply chain risk management solutions more critical than ever. If youve been keeping an eye on recent industry developments, youve probably seen that Achilles Information Ltd recently acquired Global Risk Management Solutions (GRMS).

Risk 62
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Mitigate Construction Risk at Project Closeout

Viewpoint Construction Technology

Risk and construction projects go hand in hand. From tracking safety issues and compliance on the jobsite, to ensuring that regulatory and contractual obligations are met, to correctly accounting for all of the job costs, payments and other financial data […].

Risk 147
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Construction Risk Management: What to do when your project goes wrong

Lets Build

There is a number of parameters that you should think about and an efficient management of the risk is surely necessary. In other words, you can’t really define risk on the exact same way in every construction project. Even within the same project, there may be distinct sources of risk. Types of risk in construction.

Risk 165
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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■