Remove Architecture Remove Definition Remove Life Cycle
article thumbnail

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. Systems costs and systems life-cycles. Used of standardized data architectures (CSI Uniformat, CSI Masterformat).

article thumbnail

Digital Twin – Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle.

Job Order Contracting

Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle. Requisite Components of a Physical Asset Life-cycle Management Solution. appeared first on 4BT.

professionals

Sign Up for our Newsletter

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

article thumbnail

LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

Common terms, definitions, & data formats — Common data environment (CDE). Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Standardized data architectures (Cobie, Masterformat, Uniformat, Omniclass).

article thumbnail

10 Steps Toward Real Property Stewardship & Life-cycle Management of the Built Environment

Building Information Management

Life-cycle Management of the Built Environment. Efficient life-cycle management of the built environment requires ALL of the following. Common terms, definitions, and standard data architectures. Life-cycle / Total-cost-of-ownership perspective versus first-cost mentality.

article thumbnail

10 Steps Toward Real Property Stewardship & Life-cycle Management of the Built Environment

Building Information Management

Life-cycle Management of the Built Environment. Efficient life-cycle management of the built environment requires ALL of the following. Common terms, definitions, and standard data architectures. Life-cycle / Total-cost-of-ownership perspective versus first-cost mentality.

article thumbnail

Best Value Facilities Repair, Renovation Work Order Delivery

Job Order Contracting

An industry standard set of terms and definitions, written in plain English, supported by a database of locally researched detailed line item cost information assures accurate technical and cost work scope definition. Needs and deliverables are fully visualized and issues address earlier in the process.

article thumbnail

Construction Cost Model

Job Order Contracting

This is a primary factor causing the high level of waste and dissatisfaction associated with life-cycle management of the built environment. Oddly, few real property owners create a detailed construction cost model for their renovation, repair, maintenance, or new build projects. WHAT IS A MODEL? WHAT IS A CONSTRUCTION COST MODEL?

Modeling 192