Remove Documentation Remove Modeling Remove Presentations
article thumbnail

12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

article thumbnail

Credible Construction Estimate Core Elements

Job Order Contracting

GAO, 2009 The associated processes for developing a credible construction cost estimate are equally well documented. “Despite the fact that these basic characteristics have been published and known for decades, we find that many agencies still lack the ability to develop cost estimates that can satisfy them”. –

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Productive Construction – Traits of Collaboration

Job Order Contracting

AIA Document C195 – 2008, Standard Form Single Purpose Entity Agreement for Integrated Project Delivery, Exhibit D (Work Plan). Integrated Project Delivery: A Normative Model For Value Creation In Complex Military Medical Projects. The Effects of Building Information Modeling on Construction Site Productivity. Learn more?

Products 205
article thumbnail

STEPS IN ANALYSING A BRIDGE

The Constructor

The word idealized is used because the bridge engineer needs to be aware that he is only analyzing an idealized model of the bridge and not the bridge itself. The word idealized is used because the bridge engineer needs to be aware that he is only analyzing an idealized model of the bridge and not the bridge itself.

Concrete 230
article thumbnail

Project Management Technology Tools Helping Contractors Modernize, Streamline Operations—Part 3 of 5

Viewpoint Construction Technology

Right now, the one that’s having the most impact for us is building information modeling (BIM), virtual design and construction. By using multi-dimensional computer modeling, BIM can save significant time and money and reduce errors.

article thumbnail

Debunking another BIM myth: FM enabled BIM models do not automatically pop out of Construction BIM models

DebunkTheBIM

In all mainstream BIM strategies, FM models sit at the end of the chain of Ds – numbered from the 6 th D onwards, following the 3 spatial Ds, cost and time. Waste of modelling efforts’ is a major ‘thing’ among those that know little of the realities of BIMming but are deeply invested into it.

BIM 78
article thumbnail

Definition of BIM – Building Information Modeling – Defintions from Various Sources

Building Information Management

‘Building Information Modelling (BIM) is digital representation of physical and functional characteristics of a facility creating a shared knowledge resource for information about it forming a reliable basis for decisions during its life cycle, from earliest conception to demolition.” ” – RICS.

BIM 63