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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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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

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Best Construction Cost Estimating Solution

Job Order Contracting

Here is a recommended list of considerations if you are seeking the best construction cost estimating solution for your organization. Collaborative environment – Even if there is only one estimator, it is critical to share current, actionable information with multiple internal and external parties.

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BIM, Big Data, and Efficient Life-cycle Management of the Built Environment

Building Information Management

Efficient life-cycle management of the built environment comes down to analyzing large data sets— big data—from several knowledge domains. 3D visualization software products currently promoted as BIM (Building Information Modeling) are not solutions for this task. Big Data for BIM / Efficient Facility Life-cycle Management.

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Construction Cost Estimator – Line Item

Job Order Contracting

Construction Cost Estimator – Line Item. A superior line item construction cost estimator generally has an intricate knowledge of field construction techniques, uses a common data environment, and is skilled at both collaboration and LEAN construction and/or facilities management. Benefits of Unit Cost Line Item Estimating.

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Open Construction Cost Estimating

Job Order Contracting

Open Construction Cost Estimating for 2018 and Beyond! Create you own line items from a core line item database, build estimates, manage projects, store and view virtually all forms of documents. more about OpenCost… Construction cost estimators and project managers work smarter and faster. Mitigate variance and risk!

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6 Steps Towards Public Sector Efficient Physical Asset Management – Robust Process, Collaborative Teams Valid Data, & Enabling Technology

Job Order Contracting

Robust, integrated LEAN asset planning, procurement, and project delivery solutions are readily available to establish efficient physical asset life cycle management programs. Integrated planning, procurement, and project delivery processes and teams Process Drives Productivity. Develop detailed work scope and estimate.