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 223

Estimating Life Cycle CSI Construction 223

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. The variability of an activity's duration may also be considered.

Estimating 130

Estimating Schedule Construction Project Management 130

Chianelli Estimating

FEBRUARY 7, 2022

Construction project cost estimation is a complex endeavor that can change on a dime (or a dollar) depending on the size and anticipated scope of the project. Still, like other early-stage project steps such as the design stage, cost estimation can remain highly abstract until projects advance. Design Estimates.

Estimating 60

Estimating Feasibility Construction Budgeting 60

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.

Estimating 170

Estimating Construction Procurement Renovating 170

Job Order Contracting

DECEMBER 7, 2020

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.

Estimating 147

Estimating Construction Procurement Environment 147

Job Order Contracting

MARCH 21, 2022

Should Areas Cost Factors be used for Construction Cost Estimating? As a result, more than 40 years after the introduction of area cost factors (ACFs), the federal government is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) variances.

Estimating 222

Estimating Construction Procurement Budgeting 222

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 150

Estimating Construction Procurement Life Cycle 150

Job Order Contracting

AUGUST 11, 2018

To estimate, per the Merriam-Webster dictionary, is to produce a statement of the approximate cost. Construction cost estimators know there is a more to it than this definition indicates. Second, there is the estimating process and associated source materials. Estimate Considerations. Scope of Work. Quantities.

Estimating 100

Estimating Construction CSI Overhead 100

Building Radar

AUGUST 8, 2024

This article explores the definition of mobilization, its importance in construction projects, and how tools like Building Radar can support effective mobilization. This includes defining the scope of work, estimating resource needs, and creating a timeline for mobilization activities.

Mobility 52

Mobility ProCore Construction Resource 52

Job Order Contracting

NOVEMBER 17, 2024

1 Can I objectively validate the cost estimate? #2 2 Is the cost estimate objective? #3 3 Does the cost estimating include all granular construction tasks and quantities, including labor, material, equipment, and productivity representing current local market conditions. #4 let’s talk.

Transportation 130

Transportation Education Management Procurement 130

Job Order Contracting

APRIL 26, 2018

JOC Unit Price Book Definition. Locally researched cost data (using a national average price book and associated localization factors for a JOC Program can introduce unacceptable errors in cost estimation)., The post JOC Unit Price Book Definition appeared first on 4BT.

CSI 100

CSI Foundation Security Estimating 100

Job Order Contracting

MARCH 24, 2020

-+. Construction Cost Estimating – LEAN. This paper ” Construction Cost Estimating-LEAN” discusses the positive impacts of collaboration, a common data environment, and locally researched detailed line item construction cost data. Failure to adapt to readily available, proven and robust cost estimating practices.

Estimating 115

Estimating Construction Renovating Procurement 115

Construction Business Owner

SEPTEMBER 8, 2020

8 Must-Haves for Construction Estimating & Project Controls Software. There are numerous functional capabilities comprising a complete system for estimating and project controls. Top-Down vs. Bottom-Up Estimating. Does the system you’re evaluating support both conceptual and detailed estimating practices? Greg Ragsdale.

Estimating 159

Estimating Software Software Virgin Islands 159

Job Order Contracting

SEPTEMBER 19, 2018

Definition of a construction cost estimate: An approximation of the monetary value for a repair, renovation, new construction, or related project or task at a specified point in time. A product of a defined cost estimating process that yields the intended level of detail for a project, task, and/or operation.

Estimating 100

Estimating Construction Renovating Project Management 100

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 163

Contractors CSI Estimating Architecture 163

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

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

NOVEMBER 16, 2024

. #3 Standardized , Easy to Understand, and Uniquely Identified – Common industry terms and definitions are used for all construction, repair, renovation, and maintenance task. 4 Detailed – Data is presented at a granular level sufficient to support line item estimating. #5

Management 140

Management Construction CSI Organization 140

Job Order Contracting

MAY 5, 2023

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. 1 Can I objectively validate the cost estimate? #2 2 Is the cost estimate objective? #3 4 Is the cost estimate organized using a standard data architecture (i.e.

Management 214

Management Procurement Estimating Construction 214

Job Order Contracting

APRIL 26, 2024

Improving construction cost estimating requires collaboration, transparency, and a robust process. To efficiently share cost information, organize data in a standard architecture, such as expanded CSI MasterFormat, and use industry standard terms, definitions, and units of measure. Check it out!

Industrial 188

Industrial CSI Estimating Construction 188

Job Order Contracting

APRIL 19, 2017

Learning how to estimate construction costs will minimal variation requires a decade or move of experience and observing several key LEAN construction best management practices including collaboration, transparency, standard terms/data architectures, and continuous improvement. Estimate Construction Costs.

Estimating 100

Estimating Defense Construction Commercial 100

Job Order Contracting

JUNE 2, 2022

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.

Management 222

Management Estimating Procurement Construction 222

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. Use of common, easily understood industry terms and definitions. What to learn more about Estimating Facility Life-cycle Costs?

Life Cycle 100

Life Cycle Estimating CSI Modeling 100

Job Order Contracting

AUGUST 11, 2017

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.

Estimating 100

Estimating Contract Management CSI 100

Job Order Contracting

AUGUST 15, 2023

3 High Granularity Line item discrete construction tasks represent the only methods from which quanities can be applied to then create an cost estimate ready for procurement analysis. #4 Construction Cost Data Integrity is one of the most overlooked items in preparing a detailed Scope of Work.

Construction 210

Construction CSI Architecture Procurement 210

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

DECEMBER 20, 2017

Job Order Contracting BASIC DEFINITIONS. There should be sufficient detailed to enable the JOC Contractor to develop a detailed line item JOC Proposal and/or estimate for a JOC Project/Job Order. The post Job Order Contracting Basic Definitions appeared first on 4BT. APPLICABLE REQUIREMENTS. JOC COEFFICENT.

Contract 100

Contract Documentation Agreement Contractors 100

Job Order Contracting

APRIL 18, 2017

Traditional Construction Cost Estimating. Traditional Construction Cost Estimating can benefit from LEAN business practices, a focus upon education and training, and collaborative technology. The post Traditional Construction Cost Estimating appeared first on 4BT.

Estimating 100

Estimating Construction Defense Materials 100

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

CivilJungle

FEBRUARY 27, 2021

Plinth Area Definition: The definition of the plinth area is that the plinth area is a total area captured by the building along with the interior or exterior wall and also known as the built-up area. Plinth Area Estimate: The plinth area length of a building should be calculated to adjacent 1 inch if the measuring unit is in feet.

Estimating 59

Estimating Foundation Drawings Residential 59

CivilJungle

OCTOBER 30, 2021

What Are Construction Cost Estimates? The construction cost estimate is defined as the predicted cost required to complete the construction of any particular project, which is prepared before the construction works are taken up. Purpose of Preparing a Cost Estimate. Types of Construction Cost Estimates. Detail Estimate .

Estimating 52

Estimating Construction Foundation Feasibility 52

Job Order Contracting

MARCH 28, 2018

Action Needed to Increase the Reliability of Construction Cost Estimates per the GAO. DEFENSE INFRASTRUCTURE: Action Needed to Increase the Reliability of Construction Cost Estimates GAO-18-101: Published: Mar 27, 2018. GAO DOD Cost Estimating. Publicly Released: Mar 27, 2018.

Estimating 100

Estimating Life Cycle Defense Infrastructure 100

The Constructor

NOVEMBER 15, 2011

Course: A course is a horizontal layer of bricks or stones. Bed : it is the surface of stone perpendicular to the line of pressure. Tweet Loading GET LATEST TOPICS IN YOUR EMAIL- SUBSCRIBE NOW.

Concrete 223

Concrete Foundation Materials Design 223

CivilJungle

MARCH 4, 2022

What Is Estimation of Residential Building? Estimation of a residential building is basically a “ Bottoms Up” or “Prime Cost” which performed an analysis in detail and finally produce a product. Estimation actually calculates all the necessary values with a lower rate and higher amount, this method helps the owner.

Residential 52

Residential Estimating Concrete Drawings 52

Job Order Contracting

NOVEMBER 28, 2023

As a result, more than 40 years after the introduction of area cost factors (ACFs), the Department of Defense (and the Federal Government in general) is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) and/or time-based cost variances.

Estimating 179

Estimating Defense Procurement Budgeting 179

Autodesk Construction Cloud

DECEMBER 17, 2021

In an era of rising costs and new technology, here’s how to bring more accuracy to construction estimating. . When it comes time to kick off a new construction job, an accurate estimate is the first step toward project success. What is a Construction Estimate? Usually, an accurate estimate is set before you place a bid.

Estimating 52

Estimating Bidding Construction Contractors 52

Job Order Contracting

JUNE 12, 2017

LEAN Collaborative Construction Practices Construction Cost Estimating. LEAN Collaborative Construction Practices Construction Cost Estimating. Thus the process of generating an actionable construction cost estimate can be defined as a quantitative assessment process generates a detailed line item construction cost estimate.

Estimating 100

Estimating Construction Schedule Forecasting 100