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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

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Credible Construction Estimate Core Elements

Job Order Contracting

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.

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality. Labor productivity value for each craft /work area needs to be estimated at a detail level as it will significantly vary.

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10 Essential Types of Construction Documents

Autodesk Construction Cloud

Construction documents help keep your projects organized and guide the construction process from start to finish. Having access to these construction documents puts information into the hands of the right people at the right time, so decisions can be made quickly and action can be taken to finish projects on time and within scope. .

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7 ways to improve your construction schedule

Lets Build

If you answered staying on schedule, you’re not alone. So if you don’t want your next project to end up as another statistic for missed deadlines, you need to improve your construction schedule. We’ll discuss five techniques you can use to create a construction schedule that keeps your project on track.

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Line Item Construction Cost Estimating – 2020 and Beyond!

Job Order Contracting

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.

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How Much is Poor Construction Document Management Costing You? 

Autodesk Construction Cloud

As teams get larger and construction projects become more complex, proper document management needs to be an integral part of your workflow. Poor document management is detrimental to a project and can lead to delays, budget overruns , and rework. trillion in 2020. billion in rework alone annually.