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Construction Cost Estimating Factors

Job Order Contracting

Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. CORE PRINCIPLES.

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Collaborative Construction Cost Estimating 2021

Job Order Contracting

Collaborative construction cost estimating provides guidance to organizations seeking improved cost visibility and transparency for repair, renovation, maintains and new build projects as well as overall facilities and physical infrastructure management. In other words, robust, LEAN process takes precedence for all associated projects.

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Job Order Contract Estimate Management

Job Order Contracting

Job Order Contract Estimate Management. Assigned owner and contractor team members request, create, review, edit, and/or approve detailed line item estimates during the JOC process. These actions can occur during conceptual, request for proposal, detailed estimating, or estimate approval/review stages.

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Construction Cost Management = Transparency and Credibility

Job Order Contracting

Is your construction cost estimate… Comprehensive? An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. Variations in an estimate can be found in the basis. FACTORS IMPACTING AN ESTIMATE. Well-documented? CORE PRINCIPLES.

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Detailed Line Item Construction Cost Estimating Matters!

Job Order Contracting

Detailed Line Item Construction Cost Estimating Matters a great deal to estimating, risk management, facilities management, and service providers (A/E’s, builders…). Building a trustworthy detailed line item estimate requires a knowledge of the following… Local labor costs and crew compositions. Learn more?

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Estimating Facility Life-cycle Costs

Job Order Contracting

Estimating Facility Life-cycle Costs is a critical aspect of facilities management. Key elements associated with Estimating Facility Life-cycle Costs include the following: Experience. Used of standardized data architectures (CSI Uniformat, CSI Masterformat). Use of common, easily understood industry terms and definitions.

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Introduction to Current Construction Cost ESTIMATING Techniques 

Job Order Contracting

Introduction to Current Construction Cost ESTIMATING Techniques . Robust construction cost estimating is critical to improving productivity, quality, delivery times, cost control, and overall satisfaction for any renovation, repair, or new project. ESTIMATING FORMATS. TYPES OF ESTIMATING & ESTIMATES.