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

Learn Civil Engineering

JANUARY 12, 2020

Definition of Estimating and Costing The Term ” Estimation” is a most powerful term in civil engineering, lets know all about the “Definition Of Estimating And Costing” What does estimation and Costing mean?

Estimating 98

Estimating Engineering 98

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

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

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

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 post How to Estimate Duration of Activities in Construction appeared first on The Constructor.

Estimating 130

Estimating Schedule Construction Project Management 130

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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 165

Transportation Education Management Procurement 165

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

Job Order Contracting

MAY 9, 2017

Estimating Construction Costs for Job Order Contracts properly is critical to the success of any JOC program. Key performance indicators related to Estimating Construction Costs for Job Order Contracts: Average work order/project price. JOC work order/task order checklist including clear definition of acceptable JOC projects. %

Estimating 100

Estimating Contract Change Orders Construction 100

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

Construction Business Owner

JANUARY 18, 2021

Using BIM, the team has: Increased estimator efficiency through iterative model-based quantification and estimating. There’s definitely a focus of getting it right the first time, and that’s one of our key differentiators.” – Jake Landreneau, Virtual Design and Construction (VDC) Director, Juneau Construction Company.

BIM 308

BIM Contractors Modeling Software 308

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 203

Management Construction CSI Organization 203

Job Order Contracting

FEBRUARY 7, 2021

Common industry standard terms and definitions and locally researched detailed line item cost data are both mandatory in order to assure financial and technical visibility and transparency.

Management 263

Management Life Cycle Procurement Environment 263

Job Order Contracting

FEBRUARY 20, 2021

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. Labor productivity value for each craft /work area needs to be estimated at a detail level as it will significantly vary.

Schedule 165

Schedule Management Procurement Construction 165

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

Job Order Contracting

JANUARY 22, 2021

Sample Workflow. Project Procurement and Delivery Environment Comparison. via 4bt.us.

Renovating 255

Renovating Management Procurement Life Cycle 255