Remove Information Remove Life Cycle Remove Procurement
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? What is required to integrate internal and external planning, procurement, and project delivery teams? appeared first on 4BT.

article thumbnail

Best Value Construction Procurement Planning and Project Delivery

Job Order Contracting

Best Value Construction Procurement Planning drives optimal economic and environmental outcomes and improve satisfaction for all participants & stakeholders. Real property owner leadership and competency is a prerequisite for efficient life-cycle management of the built environment. Create a culture of accountability.

professionals

Sign Up for our Newsletter

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

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

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.

article thumbnail

Construction Equation: Knowledge Problems + Data Problems + Management Problems = Outcome Problems

Job Order Contracting

Lack of recognition by senior management of the linkage between between the built environment and organizational mission Low level of understanding of both life-cycle total-cost-of-ownership management and integrated lean planning, procurement, and project delivery principles and processes. Procurement of built assets.

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.

article thumbnail

Public Sector Facilities Stewardship and Data-driven Decision Making

Job Order Contracting

The fundamental reason the assumptions most public sector professionals have are incorrect when it comes to life-cycle management of the built environment. Assumptions drive what information is collected, how it is collected, how information is analyzed, and what conclusions result, and subsequent actions taken.