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The need to improve construction cost certainty is critical regardess of whether repair, renovation, maintenance, or new build projects are invovled. Create detailed line item estimates for ALL repair, renovation, maintenance, and new build projects. Ensure cost data is CURRENT and organized using expanded CSI MasterFormat.
Current Construction Cost Data CSI Masterformat is now more important than ever. Organized using expanded CSI Masterformat. Over 65,000 line-items- repair, renovation, maintenance, and new build. The post Current Construction Cost Data CSI Masterformat appeared first on 4BT.
Getting preconstruction data and process right is critical and only 4BT (Four BT, LLC) offers local market granular cost data that is locally researched, provided in expanded CSI Masterformat , inclusive of over 90,000-line times, and capable of providing a highest degree of cost visibility and cost management available today.
Cost data organized by a well-defined Work Breakdown Structure (WBS) and standardized data architecture such as expanded CSI Masterformat. Objective, current, verifiable, and local granular construction tasks inclusive of labor, material, equipment, and productivity components as well as a unit of measure. Cost estimate copy and paste.
Active Construction Cost Management is important to any repair, renovation, maintenance, or new build activity. Questions every real property owners should ask before procuring a repair, renovation, maintenance, or new build service. #1 Yet, despite is value, most public sector organizations have yet to deploy it.
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.
Systems Enablers for Sustainable Facilities Management, Repair, Renovation, and Maintenance are critical considerations for any real property portfolio owner. Establishing a common data environment inclusive of shared, local market granular cost data organized using expanded CSI Masterformat.
Mitigating Uncertainty in Facilities Repair, Renovation, Maintenance, and New Builds is a proven way to reduce waste and consistently deliver quality outcomes on time and on budget. CSI Masterfomat). The post Mitigating Uncertainty in Facilities Repair, Renovation, Maintenance, and New Builds appeared first on 4BT.
Optimizing Construction, Repair, Renovation, and New Build Outcomes requires a robust programmatic process that is consistently applied and continuously improved. Optimizing Construction, Repair, Renovation, and New Build Outcomes for owners, architects, engineers, and builders. Last Planner / Last Planner System. CM@R/CM@Risk.
It has long been recognized that detailed line item estimating is a proven best practice for developing verifiable, objective, and actionable cost information for repair, renovation, maintenance, and new build projects. Standardized Data Architecture: Use a robust data architecture such as expanded CSI Masterformat.
Finally, FAST and RELIABLE Cost Estimates for construction, renovation, repair, and maintenance are now possible with 4BT’s local market detailed cost data! NOTE: UNIFORMAT is best used to express functional elements (assemblies) of a repair, renovation, maintnenance, or new build project).
WBS-Work Breakdown Structure Matters for every repair, renovation, maintenance, and new builds. WBS is significantly enhanced by CSI MasterFormat line-item tasks in terms of cost and labor quantification, especially when data is available in a locally researched database. Terms and hierarchy are critical. Process is King!
Collaboration in construction is not a choice if your goals are consistent quality, on time and on budget repair, renovation, maintenance, and new build outcomes. Learn more… www.4bt.us.
The following 4 core elements are mandatory for the consistent achievement of quality repair, renovation, maintenance, and new builds on time and on budget. 4 Common data environment (example: Locally researched granular construction cost data, organized by CSI Masterformat). . #2 1 Owner Leadership and Commitment. #2
Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. Unit price construction cost estimating is the foundation of every reliable cost determination.
Construction cost management capabilities are critical to the success of any repair, renovation, maintenance, or new build activity. Questions every real property should ask before procuring a repair, renovation, maintenance, or new build service. #1 1 Can I objectively validate the cost estimate? #3
Don’t “reinvent the wheel”, take advantage of current available LEAN integrated planning, procurement, and project delivery tools for all repair, renovation, maintenance, and new build requirements (examples: Integrated project delivery and LEAN job order contracting). Adopt a robust enterprise strategy.
Robust process integrating multi-stakeholder engagement enables consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budge. 3 Granular line item locally researched construction cost data organized using expanded CSI MasterFormat, and updated quarterly. #4
Construction planning, procurement, and project delivery integration is a prerequisite to the consistent delivery of quality facilities repair, renovation, maintenance, and new build project on time and on budget. Failure to achieve the above is the #1 reason for the rampant waste endemic to public sector organizations. Learn more?
Oddly, few real property owners create a detailed construction cost model for their renovation, repair, maintenance, or new build projects. CSI Masterformat)… is perhaps the single most important common data source. INTRODUCTION. WHAT IS A MODEL? WHAT IS A CONSTRUCTION COST MODEL? COMMON DATA ENVIRONMENT. Learn more?
Commercial Construction Costs 2024 Objective, Current, and Local Market Granular Labor, Material, Equipment Commercial Construction Cost Data is exclusively available form Four BT, LLC in expanded CSI MasterFormat. All data is updated quarterly without the use of location or economic factors.
Measurable improvement in facilities repair, renovation, maintenance, and new build efficiency involves strengthening the focus on implementation. CSI Masterformat) is mandatory to ensure cost and technical visibility and transparency. A Real Property Owner’s Guide to Improving Construction Productivity.
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. . #2
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. Full support and commitment of leadership.
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. 85% of all construction projects are over-budget, late, and/or poorly completed.
Whether a repair, renovation, maintenance, sustainability, or new build project, certain fundamental processes and information are REQUIRED to create a valid construction estimate. Locally researched cost data, organized using expanded CSI Masterformat. Here is an outline of those requirements: #1. via Four BT, LLC – www.4bt.us
Systems Enablers for Sustainable Facilities Management, Repair, Renovation, and Maintenance are critical considerations for any real property portfolio owner. – Establish a common data environment inclusive of shared, local market granular cost data organized using expanded CSI Masterformat.
A detailed, well-communicated Scope of Work is critical to the success of any project whether repair, renovation, maintenance, or new construction and the associated use of commonly understood, standardized terms, definitions, and data architectures (expanded CSI Masterformat, UNIFORMAT…).
Non-standardized and non-centralized information – One example is the failure to consistently use locally researched detailed line item construction cost data and associated organization using CSI MasterFormat. The post Why Facilities Repair, Renovation, and Construction Projects Fail appeared first on 4BT.
Construction, Renovation, Repair, and Maintenance Costs – RELIABLE Local Market Construction Cost Data is now available, and updated quarterly, without any factoring. WBS – CSI Masterformat. If we do not give people accurate feedback based on real behavior they are not growing and we are not respecting them.”
Efficient repair, renovation, maintenance, and new construction of buildings, transportation systems, utilities, and bridges can become a reality with appropriate leadership focus. A detailed, locally researched, detailed line-item cost database, organized using CSI Masterformat , provides cost and technical visibility and transparency.
From preconstruction through procurement and project delivery, actionable construction cost data is required in order manage multiple aspects of any size repair, renovation, maintenance, or new build project.
Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Controlling construction costs is not rocket science, nor does it involve time travel. Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment.
If the job is poorly estimated the lack of technical and cost visibility for all participants spells disaster… as noted by the fact that 80% – 90% of repair, renovation, and new builds are over budget, late, or not completed satisfactorily. Four BT, LLC, for trusted advice and services of the highest caliber.
Consistently Implementing Facilities Projects ON TIME and ON BUDGET isn’t “ROCKET SCIENCE” Robust processes, tools, and support services are readily available to enable ANY organization to consistently delivery quality repair, renovation, maintenance, and new build projects on time and on budget.
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). The ability to enable sustainable repair, renovation, maintenance, and new construction relies upon current verifiable, objective, and granular cost data.
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
Both serve to aid in overall continuous improve of repair, renovation, maintenance, sustainability, and new construction projects. These include soft costs – general conditions, insurance/bonding, fees/permits, as well as direct costs for material, equipment, and labor in elemental CSI MasterFormat data architecture.
Continuous optimization of facilities repair, renovation, maintenance, and new build outcomes is only possible through owner leadership with respect to core principles, systems, culture, and results. All the tools and services are ready to create and maintain alignment for any repair, renovation, maintenance, or new construction task.
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.
The CDE (Common Data Environment) provided by locally researched detailed cost data is organized using CSI Masterformat to provide ease of use and information reuse.
Articulate the benefits of LEAN facilities repair, renovation, and construction across the entire life-cycle. Implement common data environments (CDE), especially for repair, renovation, and construction task at the detailed line item level. Focus upon BEST VALUE OUTCOMES. Assure compliance with regulatory frameworks.
5 Basic Steps to Efficient Repair, Renovation, and New Construction Project Delivery. It is organized via a standardized CSI Masterformat(TM) data architecture and locally researched (no use of cost factors/indexes). The post 5 Basic Steps to Efficient Repair, Renovation, and New Construction Project Delivery appeared first on 4BT.
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