This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Life-cycle FM – Asset Total Cost of Ownership Management considers the cost off facilities planning, design, acquisition, operation, maintenance and disposal costs. The post Life-cycle FM – Asset Total Cost of Ownership Management appeared first on 4BT.
Improving public sector facilities life-cyclemanagement is critical to the economy, the environment, and to our safety. contact-form] The post Improving Public Sector Facilities Life-cycleManagement – Hard Questions MUST be asked and ANSWERED! appeared first on 4BT.
Lifecycle cost in construction projects is a process of economic decision analysis, which helps taking decisions on investments in new construction. Construction Construction Costing Construction Management Construction Project Project Management'
Maximizing uptime and reducing costs are fundamental drivers of construction fleet management decisions, but a firm’s diverse range of equipment can make lifecycle optimization challenging.
LEAN Life-cycleManagement of the Built Environment is a robust, collaborative approach integrating planning, design, acquisition, operation, maintenance & disposal. LEAN Life-cycleManagement of the Built Environment. The post LEAN Life-cycleManagement of the Built Environment appeared first on 4BT.
Managing Cash Flow During the Slow Season ccapoccia Tue, 10/15/2024 - 21:09 T he very mention of fluctuating cash flow can cause anxiety for construction company owners. Without sufficient planning for a slow season, even seasoned businesses may find themselves in a cash crisis from time to time.
Fundamental math for every real property owner… Knowledge Problems + Data Problems + Management Problems = Outcome Problems. Management Problems. Knowledge Problems + Data Problems + Management Problems = Outcome Problems. Knowledge Problems + Data Problems + Management Problems = Outcome Problems. Heralova, R.
How Project Managers Can Promote Principled Approaches & Better Project Results. For construction projects, this means prioritizing ethical decision making through the entire project lifecycle. Mon, 04/25/2022 - 11:04.
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.
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.
Collaborative repair, renovation, maintenance, and new construction, sustainability and the lifecyclemanagement of buildings are interrelated. Demolition/Reuse Construction and building management activities have a major effect on the environment, human health and the economy in general. Construction 5.
Lean Asset Management significant improve the availability, dependability, usefulness, safety of facilities and other physical assets, while also lowering life-cycle costs. Lean Asset Management differs from traditional approaches in several ways. The post Lean Asset Management appeared first on 4BT.
Sustainable facilities management and leadership are inseparable. This is not only a fact, but a significant barrier to efficient life-cyclemanagement of the built environment.
Efficient life-cyclemanagement 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.
The DoD has NEVER implemented a robust, system-wide process to monitor and manage planning, procurement, and project delivery for repair, renovation, maintenance, and new construction. It short, there is a basic lack of management as well as very little financial visibility and transparency.
Facilities Management and Entropy – Left unchecked disorder increases over time. Certifications, traditional formal education, and professional training related to facilities life-cyclemanagement and AECOO practices and practices have done little to address “Understanding and dealing with the concept of value.”
LEAN Facilities Asset Life-cycleManagement can be accomplished by integrating previously disparate competencies, technologies, and information. The post LEAN Facilities Asset Life-cycleManagement appeared first on 4BT. It requires that the owner demonstrate leadership and possess requisite skills.
A thorough understanding of facilities system service life is critical to efficient life-cycle asset management of any real property portfolio. Efficient management of routine and preventive maintenance, as well as repairs, renovations, and adaptations is critical to any organization. Request the full list here.
Project managers and superintendents often find comfort in operations management, the portion of the project lifecycle dictated by process and procedure. In many organizations, processes are as different as the people who are required to execute them.
Improving facilities management outcomes requires building trust & connection. All the tools and support services are readily available to enable LEAN facilities/built environment life-cyclemanagement. The real barriers are lack of leadership and enablement. Anyone ready to change… Let’s talk.
Job Order Contracting Life-cycle Facilities Value Management and improving AECOO outcomes for all participants and stakeholders. Job Order Contracting Life-cycle Facilities Value Management enables the efficient use of available funds targeted for executing renovation, repair, maintenance, and minor new construction projects.
Facilities Total Cost of Ownership (TCO) is a holistic, multidisciplinary approach to managing all the “costs” associated with ownership of a facility (or any built structure) over its lifespan, from planning, through procurement, construction, operations and maintenance, and disposal/recycling.
Introduction – 2021 Facilities Repair Renovation and New Construction Cost Management spans multiple principles, practices, domains, and more. These environments, when properly deployed and managed, drive unparalleled levels of efficiency quality. Sample Workflow. Project Procurement and Delivery Environment Comparison.
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. Expected system/assembly life-times. Current percentage of life used.
Job Order Contracting best management practices should be applied throughout the lifecycle of every program, contract, project, estimate, and work order. Learn more… The post Job Order Contracting Best Management Practices appeared first on 4BT. Locally Researched Construction Cost Data.
Public Sector Facilities Project Cost Management is required to address traditionally elevated levels of economic and environmental waste. Public Sector Facilities Project Cost Management involves tracking costs in real time throughout the full lifecycle of planning, procurement, and delivery. What Is a Project Expense?
Efficient life-cycle total cost of ownership management requires the application of LEAN processes and collaborative construction delivery methods. The post Total Cost of Ownership Life-cycle Asset Management – Facilities and other Physical Infrastructure appeared first on 4BT. Learn more?
Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle. Requisite Components of a Physical Asset Life-cycleManagement Solution.
Understanding facility life-cycle costs for a commercial building is the first step towards maximizing efficiency and positive outcomes. There are many components of life-cycle costs: First Costs – Planning, Selection, Acquisition, Construction. Facility Life-cycle Costs.
LEAN Construction Project Delivery enables efficient life-cyclemanagement of the built environment via a robust integration of process, actionable standardized and common information, supporting technology, and ongoing training. An example of LEAN Construction Project Delivery is OpenJOC ™ Job Order Contracting.
Public sector efficient physical asset management requires robust process, collaborative teams. Moving beyond traditional methods that are responsible for rampant economic and environmental waste requires that public sector real property leadership focus upon forward thinking and change management. valid data and enabling technology.
An understanding of LEAN fundamentals and their application to O&M and overall Facilities Management is of great benefit to all participants and stakeholders. Promoting awareness and education with respect to LEAN O&M best management practices would drive significantly improved outcomes. Capital planning and management.
Adopting a Program versus a Project Approach Improves Facilities Management and Construction Outcomes by… 1. Volumes have been written about the fragmentation of the AECOO (architecture, engineering, construction, operator, owner) and Facilities Management sectors and their relative high levels of economic and environmental waste.
Real property owners, architects, engineers, builders, and other stakeholders have long realized the construction industry and the life-cyclemanagement of built environment have proven wasteful. Poor leadership across the public sector with respect to facilities/built environment asset life-cyclemanagement.
Life-cyclemanagement in concert with organizational mission. Maximization of maintenance and repair cost visibility and cost management. Enabling collaborative technology to support monitoring and management. Facilities Maintenance and Repair Goals include… Optimizing asset value. contact-form] www.4bt.us.
Facilities procurement 101 involves an understanding of LEAN construction planning, procurement, and project delivery and life-cycle total cost of ownership asset management. If you’d like to learn more, request a copy of the LEAN construction planning, procurement, and project delivery eBook.
Facilities knowledge management. Building an integrated facilities knowledge management / LEAN environment is far from complex. Life-cycle total-cost-of-ownership asset management and LEAN planning, procurement, and project delivery methods integrate People, Process, Information, and Technology. These include; 1.)
Efficient construction contract management is actually quite simple. The rampant waste associated with managing the built environment in the public sector is even more pronounced due the the virtual lack of accountability. The post Job Order Contract Management Resources, Tools and Technology. appeared first on 4BT.
JOC Programs that make sense deliver comprehensive, integrated robust processes, professional services, and enabling software solutions to enable public sector facilities management teams to more efficient mange building and other structure in concert with mission goals. Enabling enterprise cloud technology.
The fundamental reason the assumptions most public sector professionals have are incorrect when it comes to life-cyclemanagement of the built environment. Planning, procurement, and project delivery can be accomplished by disparate teams that lack integration through their respective lifecycles.
We are solving facilities repair, reno, new build Knowledge Problems, Process Problems, Data Problems, and Management Problems. Solving Facilities Repair, Reno, New Build Knowledge Problems, Process Problems, Data Problems, and Management Problems to Drive Best Value. People, Process, and Information Solve Problems. What You Can Do.
Federal public sector continues its legacy of economic and environmental waste , Nonetheless the vast majority of public (and private) facilities management professionals continue to rely upon archaic and inefficient methods. As a result, the public sector continues its legacy of economic and environmental waste.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content