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Construction Cost Model

Job Order Contracting

Oddly, few real property owners create a detailed construction cost model for their renovation, repair, maintenance, or new build projects. This is a primary factor causing the high level of waste and dissatisfaction associated with life-cycle management of the built environment. WHAT IS A MODEL? COMMON DATA ENVIRONMENT.

Modeling 187
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The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment

Construction Business Owner

The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment. Each milestone or phase — from design to plan to build — requires many data handover cycles, increasing opportunities for rework. Perform 2D/3D takeoffs & BIM coordination in a single software solution. Greg Ragsdale.

Modeling 167
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Improving the PROCURMENT MODEL for Facilities Repair, Renovation, Maintenance and Construction

Job Order Contracting

Improving the PROCURMENT MODEL for Facilities Repair, Renovation, Maintenance and Construction begins with a gap analysis, a quantitative review of the current situation and a target of how things can be when improved. The procurement model is broken. Current procurement models are inefficient due to the following… #1.

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Collaborative Construction Procurement Planning and Project Delivery = Best Value Outcomes

Job Order Contracting

Collaborative Construction Procurement Planning and Project Delivery is a robust process for consistently achieving long-term best value for all participants and stakeholders. Lean Acquisition Planning : Collaborate to assure all parties are involved in determining physical, functional, and financial requirements.

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Construction Cost Knowledge Management

Job Order Contracting

Construction cost knowledge management is a component of integrated LEAN construction planning, procurement, and project delivery. The use of national average cost databases and/or location factors, or parametric cost models are insufficient. Technology alone, however, is not enough to harvest the value of cost knowledge management.

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FACT CHECK: LEAN Construction and BIM are not the same

Job Order Contracting

BIM , Building Information Modeling, is the digitalization and 3D rendering of buildings or other forms of physical infrastructure.

BIM 216
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Boost Construction Performance with Technology

Construction Business Owner

Strategic and growth-minded construction leaders are reacting by tracking or planning to start tracking carbon emissions on their projects within the next 12 months. Additionally, machine learning algorithms can be trained on extensive datasets to create cost prediction models.