Remove Environment Remove Estimating Remove Renovating
article thumbnail

Valid Construction Cost Estimate Creation

Job Order Contracting

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

article thumbnail

Construction Cost Estimating Facts

Job Order Contracting

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

professionals

Sign Up for our Newsletter

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

article thumbnail

Relearn Construction Cost Estimating – 4 Critical Learnings

Job Order Contracting

It’s time to relearn construction cost estimating. Before relearning construction cost estimating, it’s important to hit your resent button. Also remember that there so NO SUCH THING as an “accurate construction estimate.” The following represent the new realities. Technology will not solve your problems.

article thumbnail

Enhance Construction Cost Estimating – 5 Steps

Job Order Contracting

While we are all aware of the high levels of financial and environmental waste associated with the construction and sustainment of the built environment, very little has been done to address the issue at the root cause level. . What’s needed to improve construction cost estimating? Join the converstation and make a difference!

article thumbnail

2021 Facilities Repair Renovation and New Construction Cost Management

Job Order Contracting

Introduction – 2021 Facilities Repair Renovation and New Construction Cost Management spans multiple principles, practices, domains, and more. These environments, when properly deployed and managed, drive unparalleled levels of efficiency quality. Project Procurement and Delivery Environment Comparison. Sample Workflow.

article thumbnail

Collaborative Construction Cost Estimating 2021

Job Order Contracting

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.

article thumbnail

RELIABLE Construction Cost Estimating

Job Order Contracting

Reliable construction cost estimating is important to real property owners, facilities management professions, architects, and engineers. If a job is estimated correctly all parties should have a detailed understanding of the scope of work, costs, time, labor, and materials required.