article thumbnail

Improving Public Sector Facilities Life-cycle Management – Hard Questions MUST be asked and ANSWERED!

Job Order Contracting

Improving public sector facilities life-cycle management is critical to the economy, the environment, and to our safety. How can we better leverage standardized information to improve outcomes? contact-form] The post Improving Public Sector Facilities Life-cycle Management – Hard Questions MUST be asked and ANSWERED!

article thumbnail

Connected Construction: How Technology Is Transforming the Construction Life Cycle

Construction Business Owner

Connected Construction: How Technology Is Transforming the Construction Life Cycle Explore how connected construction breaks down silos processes mhodges Mon, 04/03/2023 - 14:54 The construction business has long been plagued by siloed processes and phases that hamper collaboration. How will we use this information?

professionals

Sign Up for our Newsletter

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

article thumbnail

Building Life-cycle Costs and Physical Asset Total Cost of Ownership Management (TCO)

Job Order Contracting

Creating and monitoring building life-cycle costs is a key component of physical asset total cost of ownership management. Initial design, procurement, and construction costs of a facility account for only 10%-20% of total capital expenditures throughout its useful life. Life-Cycle Cost Calculation. Demolition.

article thumbnail

LEAN, BIM, and Measurably Improving Facilities Life-Cycle Management

Job Order Contracting

BIM (Building Information Modeling) is the efficient management of the life-cycle of the built environment supported by digital technology. The most significant benefit is total-cost-of-ownership management throughout the life-cycle of a physical asset.

article thumbnail

Estimating Facility Life-cycle Costs

Job Order Contracting

Estimating Facility Life-cycle Costs is a critical aspect of facilities management. Key elements associated with Estimating Facility Life-cycle Costs include the following: Experience. Systems costs and systems life-cycles. D etailed unit price line item information. Current percentage of life used.

article thumbnail

LEAN Facilities Asset Life-cycle Management

Job Order Contracting

LEAN Facilities Asset Life-cycle Management can be accomplished by integrating previously disparate competencies, technologies, and information. The post LEAN Facilities Asset Life-cycle Management appeared first on 4BT. It requires that the owner demonstrate leadership and possess requisite skills. Learn more?

article thumbnail

Efficient Life-cycle Management of the Built Environment – An Elusive Goal in the Public Sector

Job Order Contracting

Efficient life-cycle management of the built environment in the public sector has remained an elusive goal. The process is well defined and requires a process focused environment and associated robust information management and decision-support capabilities. .” Henry ford. The barrier is a simple one.