Job Order Contracting

OCTOBER 19, 2023

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. ■

Estimating 246

Estimating Life Cycle Documentation Schedule 246

Job Order Contracting

AUGUST 20, 2023

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.

Estimating 246

Estimating Life Cycle CSI Construction 246

Job Order Contracting

MAY 24, 2023

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.

Estimating 246

Estimating Construction Defense Change Orders 246

Job Order Contracting

FEBRUARY 20, 2021

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.

Schedule 232

Schedule Management Procurement Construction 232

Job Order Contracting

APRIL 29, 2020

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.

Estimating 191

Estimating Procurement Life Cycle Construction 191

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate. This is clearly foolish.

Estimating 165

Estimating Construction Procurement Life Cycle 165

Job Order Contracting

FEBRUARY 19, 2021

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

Estimating 179

Estimating Construction Renovating Forecasting 179

HardHatChat

NOVEMBER 27, 2024

This early planning minimizes the risk of disruptions and keeps the project aligned with its budget and schedule. During this stage, the client/GC team collaboratively address site assessments, permit requirements, and scheduling, leveraging the GC’s practical experience in the field.

Risk 156

Risk Commercial Budgeting Budget 156

Construction Business Owner

SEPTEMBER 8, 2020

8 Must-Haves for Construction Estimating & Project Controls Software. There are numerous functional capabilities comprising a complete system for estimating and project controls. Top-Down vs. Bottom-Up Estimating. Does the system you’re evaluating support both conceptual and detailed estimating practices? Greg Ragsdale.

Estimating 194

Estimating Software Software Virgin Islands 194

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. Formally, the probability distribution of an activity's duration as well as the expected or most likely duration may be used in scheduling.

Estimating 130

Estimating Schedule Construction Project Management 130

Construction Business Owner

APRIL 10, 2023

Understanding Tech Options & How They Impact Operations ccapoccia Mon, 04/10/2023 - 08:12 Software selection can be a daunting task, whether it’s for accounting, project management, scheduling, estimating, timecard capture, contact management or another process. Software becomes part of your infrastructure.

Software 316

Software Software Profitability Project Management 316

The Constructor

OCTOBER 19, 2018

The bar bending schedule(BBS) of an R.C.C footing provides the reinforcement details and the total steel quantity required for the footing.

Schedule 124

Schedule Estimating Foundation Concrete 124

The Constructor

APRIL 22, 2024

All formal scheduling procedures rely upon estimates of the durations of the various project activities as well as the definitions of the predecessor relationships among tasks. Formally, the probability distribution of an activity's duration as well as the expected or most likely duration may be used in scheduling.

Estimating 130

Estimating Schedule Construction Project Management 130

HardHatChat

FEBRUARY 11, 2025

Ensure Realistic Budgeting and Scheduling: Combining the architects design vision with the GCs knowledge of materials, labor, and logistics allows for more accurate cost estimates and timelines. Predictable Timelines Through Smarter Delivery One of the most critical elements of risk mitigation is maintaining project schedules.

Commercial 177

Commercial Risk Contractors Feasibility 177

Lets Build

MARCH 3, 2023

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.

Schedule 148

Schedule Construction Plans Documentation 148

Construction Business Owner

JANUARY 27, 2014

For owners of small to midsize construction firms, juggling all the responsibilities of owning and operating a business—such as accounting, estimating and scheduling—while trying to increase profits can be a daunting task.

Profitability 247

Profitability Schedule Accounting Estimating 247

Viewpoint Construction Technology

JULY 19, 2017

When a job is behind schedule, it impacts everybody on the project, and likely the next scheduled project or build. Estimates get thrown off, rush fees ensue, and general disdain for the job can surface. Accurate estimating ensures there is always enough money for materials, wages, and more. Subcontractor schedules.

Viewpoint 239

Viewpoint Construction Schedule Estimating 239

Job Order Contracting

DECEMBER 9, 2022

Create estimates, deploy project workflows and controls, inclusive of timelines, approval stages, appropriate information access, and more. Put an end to poor traditional planning, cost estimating, procurement, and project delivery practices! 41%-74% reduction in project schedules. 84% gain in higher-quality construction.

Renovating 264

Renovating Estimating Construction Procurement 264

Construction Business Owner

DECEMBER 2, 2014

Stan constantly struggles with the demands of owning and managing his business, from working on bids, estimating, ordering materials and scheduling 25 field workers to coordinating equipment, fielding phone calls and visiting jobsites daily. To make matters worse, cash flow is tight and he often has to cut prices to win work.'

Cash Flow 245

Cash Flow Bidding Schedule Estimating 245

Job Order Contracting

MARCH 4, 2022

Determine project schedule and major milestones. Owner may prepare an internal estimate (Internal Government Estimate (IGE), based upon regulations.). Establish project goals. Determine if design services are required. Define building systems and quality of materials. Identify client’s responsibilities. Proposal Preparation.

Inspections 264

Inspections Estimating Regulation Contractors 264

Civiconcepts

OCTOBER 21, 2021

Bar Bending Schedule (BBS) Bar bending schedule is a table form data in which various diameters of steel, the shape of bending, length of each bent and straight portions, angles … Bar Bending Schedule | How To Prepare Bar Bending Schedule Read More ».

Schedule 98

Schedule Estimating Engineering 98

HardHatChat

DECEMBER 19, 2018

Low: Labor Shortage Shapes Schedules. The result was the potential for scheduling complications and missed project deadlines. Luckily, we were able to avoid most scheduling pitfalls by fully vetting our subcontractor partners to get assurances they had capacity to meet our required timeframe.

Commercial 328

Commercial Retail Industrial Construction 328

HardHatChat

SEPTEMBER 26, 2018

In the case of an existing property, this exercise could include anything from identifying infrastructure that can be reused for cost savings, to spotting potential structural concerns or issues that might involve costly remediation – both of which could have big impact on a construction budget and schedule.

Commercial 410

Commercial Contractors Construction Budget 410

Lets Build

OCTOBER 1, 2019

Basics of construction cost estimating In the construction industry, one of the main challenges is managing building projects that have unique features and requirements. However, all projects have elements things in common: a scope of work, a time schedule, and a budget.

Estimating 98

Estimating Construction Budgeting Budget 98

Job Order Contracting

FEBRUARY 7, 2020

The following is an outline of basic Construction Cost Audit Fundamentals when reviewing a construction cost estimate and conducting a construction cost audit. Construction cost audit procedures involve a thorough understand of work scope and all phases leading up to and ending with the construction cost estimate.

Construction 226

Construction Procurement Documentation CSI 226

Cassell Construction Estimating

OCTOBER 5, 2023

Do you compile the estimate manually, 
then enter into a spreadsheet? Or do you build the bid directly from within your estimating
 software? You can’t open a box, and turn 
inconsistent estimating into a well‐oiled system. The importance of a consistent, production‐based estimating system cannot be overstated.

Estimating 100

Estimating Las Vegas Bidding Software 100

Job Order Contracting

SEPTEMBER 30, 2021

Efficient and best management practice construction cost estimating, and ongoing construction project/program management involve early and ongoing planning, and the collaborative and competent involvement of all construction project participants and stakeholders. The post The Construction Cost Estimate ACCURACY Myth appeared first on 4BT.

Estimating 100

Estimating Construction Procurement Management 100

The Constructor

SEPTEMBER 10, 2012

Organizing projects means defining roles and responsibilities, create a project charter, and develop high-level time and cost estimates. In this phase you assemble your team and assign tasks to individuals, develop a budget for the project, develop a schedule and create a communications plan.

Project Management 244

Project Management Management Concrete Foundation 244

Job Order Contracting

MARCH 18, 2022

” “Lack of justification in estimating the labor rates as follows: ? IGCE creator used rates from a schedule with similar job titles, not similar services. ? Estimator took 4 quotes, averaged them, and then created a range by adding 20% to the average price, and subtracting 20% from the average price.

Contract 245

Contract Office Estimating Documentation 245

Job Order Contracting

DECEMBER 15, 2021

100% real-time view of all you JOC Programs, Contracts, Projects, Proposals, Estimates. Schedule a 15-minute introductory call , or visit www.4bt.us. Does your technical team (engineering/facilities management) and procurement team review detailed line-item estimate prepared by your JOC contractor(s)? Quantification of impacts.

Contract 264

Contract Procurement Estimating Management 264

Civil Lead

JANUARY 23, 2020

What is Bar Bending Schedule (BBS)? Bar bending schedule is a list of reinforcement bars in a tabular form giving the particulars of bars, the shape of bending with sketches, length of each, total length and total weight. Usually, for each type of RCC work a schedule of bars is usually prepared. Lintel, Slab - 0.7 Beams - 1.0

Schedule 95

Schedule Drawings Site Estimating 95

HardHatChat

AUGUST 28, 2018

While we do our best to provide budget estimates that are as accurate as possible, there are inevitably times when projects bids come in higher than the client expected, or that unanticipated costs push the job over-budget.

Budget 337

Budget Budgeting Commercial Plans 337

Autodesk Construction Cloud

JUNE 24, 2022

New opportunities and challenges highlight the importance of producing accurate estimates. In an industry with razor-thin margins, incorrect estimates can lead to a major hit in profitability and wreak havoc on your company’s finances. One of the best ways to do this is to use construction estimating software. .

Estimating 94

Estimating Software Software Construction 94

Job Order Contracting

APRIL 25, 2022

Training and support are central to our philosophy of improving the capabilities of our clients and partners and help to assure knowledge growth and retention.

Contract 264

Contract Change Orders Bidding Budget 264

Learn Civil Engineering

NOVEMBER 10, 2020

We can also refer to the Bar Bending Schedule as the BBS. Bar Bending Schedule is the comprehensive list that signifies the category, extent, locale, imprint, size, number, and the bending of each bar or invention in the reinforcement diagram.

Schedule 98

Schedule Estimating Engineering 98

Viewpoint Construction Technology

APRIL 23, 2019

As a contractor, misquoting a job estimate can be massively detrimental; some jobs are shut down for weeks, months or even dropped altogether. Accurate estimating ensures there is always enough money for materials, wages, and more. Subcontractor Schedules and Compliance. Budget Inaccuracies.

Construction 237

Construction Software Software Estimating 237

Job Order Contracting

MARCH 26, 2023

Procurement Workflows A detailed scope of work and an associated detailed line-item estimate is required before any procurement evaluation and award. Locally researched unit price cost data can be leveraged to detail labor type, time, and cost requirements, scheduling, and provide valid cost visibility. Are funds available?

Management 264

Management Procurement Forecasting Change Orders 264