Job Order Contracting

NOVEMBER 7, 2022

Valid construction estimates are based on processes and procedures, however, most organizations rely upon dated, ineffective methods. Cost and time estimates are imperative to the success of any construction project, both during construction and throughout the project life. 2 Detailed line item estimating.

Estimating 262

Estimating Life Cycle Procurement Construction 262

Job Order Contracting

MAY 28, 2024

Archaic cost estimation methods such as the use of historical data, lump sum subcontractor quotes, and/or national average cost data and location factors, area cost factors, and/or economic factors. What’s needed to improve construction cost estimating? Reduce the number of surprises, disruptions, and change orders.

Estimating 243

Estimating Construction CSI Procurement 243

Job Order Contracting

JUNE 27, 2024

It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. Use and share objective, granular, current, and locally researched line item data that is organized using a standard data architecture (for example, expanded CSI Masterformat).

Estimating 246

Estimating Construction Procurement CSI 246

Job Order Contracting

FEBRUARY 28, 2025

Centralized Timely Construction Cost Data is a “single source of truth” that is mandatory for improving cost visibility and management for any repair, renovation, maintenance, or new build project.

CSI 195

CSI Construction Procurement Organization 195

Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 246

Estimating Life Cycle CSI Construction 246

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Using the term “accurate” or “accurate costs” in conjunction with construction cost estimating is a fools errand. “ By definition, a construction cost estimate is an approximation. Absolutely not!

Estimating 239

Estimating Construction Procurement Renovating 239

Job Order Contracting

MARCH 17, 2021

Reliable construction cost estimating is important to real property owners, facilities management professions, architects, and engineers. If a job is estimated correctly all parties should have a detailed understanding of the scope of work, costs, time, labor, and materials required.

Estimating 200

Estimating Construction CSI Procurement 200

Job Order Contracting

SEPTEMBER 18, 2023

Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. The estimating process begins with a comprehensive understanding of your project’s scope of work. expanded CSI Masterformat ). #5

Estimating 246

Estimating Construction CSI Compensation 246

Job Order Contracting

FEBRUARY 19, 2021

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

Estimating 179

Estimating Construction Renovating CSI 179

Job Order Contracting

MAY 5, 2023

Construction cost management capabilities are critical to the success of any repair, renovation, maintenance, or new build activity. That said 80%+ of all projects are late or overbudget largely due to an inadequately detailed and poorly communicated Scope of Work (SOW) and associated cost estimate. 2 Is the cost estimate objective? #3

Management 262

Management Procurement Estimating Construction 262

Job Order Contracting

APRIL 29, 2020

Detailed line item construction cost estimating is a prerequisite to obtaining best value outcomes for facilities / built infrastructure repair, renovation maintenance, sustainability, and new construction projects. A locally researched detailed line item construction cost estimating database plays a key role in this regards.

Estimating 191

Estimating Procurement Life Cycle Construction 191

Job Order Contracting

SEPTEMBER 8, 2020

Construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build, and the consistent achievement of best value outcomes. Levels of Construction Cost Estimates. The are many levels of construction cost estimates based upon a “project” life-cycle.

Estimating 179

Estimating Construction Procurement Life Cycle 179

Job Order Contracting

MAY 12, 2020

Here is a recommended list of considerations if you are seeking the best construction cost estimating solution for your organization. Collaborative environment – Even if there is only one estimator, it is critical to share current, actionable information with multiple internal and external parties.

Estimating 165

Estimating Life Cycle Construction Documentation 165

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate. This is clearly foolish.

Estimating 165

Estimating Construction Procurement Life Cycle 165

Job Order Contracting

OCTOBER 1, 2022

Without granular, line item Local Market Construction Cost Data you can’t have a verifiable estimate. Construction, Renovation, Repair, and Maintenance Costs – RELIABLE Local Market Construction Cost Data is now available, and updated quarterly, without any factoring. Copy/paste estimates. ” – Akio Toyoda.

Construction 264

Construction Estimating CSI Comparison 264

Job Order Contracting

JUNE 6, 2023

Any organization can measurable improve repair, renovation, maintenance, and new build outcomes by integrating People and Robust Process with Standardized LOCAL MARKET Construction Task Data. 4 A poorly defined and poorly communicate Scope of Work is the #1 cause of “construction” project failure.

CSI 245

CSI Construction Organization Procurement 245

Job Order Contracting

MAY 11, 2023

Objectively VALIDATE Contractor and Subcontractor Construction Cost Estimates Construction cost management capabilities are critical to the success of any repair, renovation, maintenance, or new build activity. 2 Validating contractor estimates using a locally researched cost database can save 30%-40% of overall project costs. #3

Contractors 202

Contractors CSI Estimating Architecture 202

Job Order Contracting

DECEMBER 8, 2021

Innovative construction capital delivery for public sector owners can consistently enable quality, on-time, on-budget and fully compliant repair, renovation, maintenance, sustainability, and new build outcomes. Inadequate and unsupportable construction cost estimates. Inappropriate project delivery team. Where is YOUR organization?

Innovation 261

Innovation Procurement Budgeting Budget 261

Job Order Contracting

FEBRUARY 7, 2020

The following is an outline of basic Construction Cost Audit Fundamentals when reviewing a construction cost estimate and conducting a construction cost audit. Construction cost audit procedures involve a thorough understand of work scope and all phases leading up to and ending with the construction cost estimate.

Construction 226

Construction Procurement Documentation CSI 226

Job Order Contracting

OCTOBER 6, 2022

The good news is that robust solutions are readily available to enable the consistent delivery of quality repair, renovation, maintenance, and new construction projects on time and on budget. Current, locally researched granular (unit price line line) cost data, organized by CSI Masterformat. What Is a Project Expense?

Management 264

Management CSI Procurement Life Cycle 264

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Currently available robust LEAN construction estimating, procurement, and delivery processes, services, and tools, make it possible to consistently deliver quality projects on-demand, on-budget, and on-time. Continuous improvement. Scope of Work.

Estimating 130

Estimating Construction Procurement Change Orders 130

Job Order Contracting

AUGUST 4, 2017

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). What to learn more about Estimating Facility Life-cycle Costs?

Life Cycle 100

Life Cycle Estimating CSI Modeling 100

Job Order Contracting

AUGUST 17, 2023

Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Cost management can only be achieved through the process of owners created independent line item estimates. Controlling construction costs is not rocket science, nor does it involve time travel.

Travel 241

Travel Construction Subcontracting CSI 241

Job Order Contracting

JANUARY 21, 2020

Integrated Project Delivery, IPD, for major new construction, and LEAN job order contracting, JOC, for repair, renovation, maintenance, sustainability, and minor new construction are proven examples of LEAN planing, procurement, and project delivery processes. A common data environment, CDE, aid in efficient information sharing and updating.

Procurement 213

Procurement Plans CSI Construction 213

Job Order Contracting

AUGUST 8, 2019

Accurate, detailed construction cost estimating is critical to the success of any repair, renovation, or new build project. Top estimators have years of experience and a working knowledge of construction means and methods. Detailed line item estimating is the more accurate and valuable for of construction cost estimating.

Estimating 100

Estimating Construction CSI Renovating 100

Job Order Contracting

MARCH 17, 2017

Creating a cost estimate in construction requires experience not only in estimating but in actual construction tasks. Preparing multiple reasonable detailed estimates efficiently as requires using a line item construction cost database. Cost Estimate in Construction. info@4BT.US. contact-form].

Estimating 100

Estimating Life Cycle Construction CSI 100

Job Order Contracting

JULY 30, 2018

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?

Estimating 100

Estimating CSI Construction Architecture 100

Job Order Contracting

FEBRUARY 22, 2023

Fortunately, the challenges for generating value from the ongoing numerous repair, renovation, maintenance, and new construction projects can be significantly reduced through the application of system thinking and associated robust processes, workflows, and tools. Step 2: Follow a Robust Workflow for ALL Projects.

Management 263

Management CSI Change Orders Budgeting 263

Job Order Contracting

MARCH 21, 2017

Construction Cost Estimator – Line Item. A superior line item construction cost estimator generally has an intricate knowledge of field construction techniques, uses a common data environment, and is skilled at both collaboration and LEAN construction and/or facilities management. Benefits of Unit Cost Line Item Estimating.

Estimating 100

Estimating Life Cycle Construction CSI 100

Job Order Contracting

FEBRUARY 20, 2021

Reasons for Poor Repair, Renovation, Maintenance, and New Build Outcomes. 80% of cost overruns are due to poor scope of work definition, and associated inadequate and/or flawed construction cost estimates and otherwise poor planning, procurement, and project delivery management.

Schedule 232

Schedule Management Procurement Construction 232

Job Order Contracting

MAY 19, 2017

Community-based Construction Cost Estimating … The OpenCost TM Approach. Traditional cost data commonly available on the market is based upon national averages. The OpenCost Methodology TM is a collaborative and ongoing cost estimation process. The estimator (owner/contractor/A&E, etc.)

Estimating 100

Estimating Construction Life Cycle CSI 100

Job Order Contracting

JUNE 15, 2018

Whether estimating renovation, repair, new construction projects or creating deficiencies resulting from facility condition assessments (FCA), detailed line item estimating, using locally researched cost data, provides the best value to owners, contractors, AEs, and oversight groups. Organization via CSI MasterFormat.

Estimating 100

Estimating CSI Renovating Budgeting 100

Job Order Contracting

MARCH 9, 2017

A Construction Repair Cost Estimator for Public Agencies is now available that is independent, objective, and cost-effective. Forget out databases that claim to be the North American standard, or that supposed locally research construction labor, material, and equipment costs, including fringes, on a local basis. Introduction.

Estimating 100

Estimating Construction CSI Contract 100

Job Order Contracting

MARCH 4, 2020

IPD software and support services provide an environment with a collaborative focus upon requirements definition and successful repair, renovation, and new construction project completion. Integrated project delivery software and support services are now available for facilities operations and maintenance as well as new construction.

Software 179

Software Software CSI Life Cycle 179

Job Order Contracting

FEBRUARY 27, 2020

All of the tools and services are readily available to optimize facilities planning, procurement, and project delivery outcomes, whether they be the numerous, ongoing repair, renovation, and maintenance tasks or new construction.

Procurement 179

Procurement Plans Life Cycle CSI 179

Job Order Contracting

AUGUST 16, 2017

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.

Estimating 100

Estimating Construction CSI ASPE 100

Job Order Contracting

MARCH 27, 2019

Repair, Renovation, & Construction Project Cost Management. Prioritize and Budget Requirements Every real property owner is face with aligning organizational requirements with facilities repair, renovation, and construction needs as well as available current and projected multi-year resources.

Renovating 100

Renovating Estimating Construction Budgeting 100