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Creating and monitoring building life-cycle costs is a key component of physical asset total cost of ownership management. Initial Costs—Purchase, Acquisition, Construction Costs Operation, Maintenance, and Repair Costs Replacement, Renovation, Adaptation Costs Disposal / Recycling Costs Cost of Capital. Demolition.
Granular line-item construction cost data with labor, material, equipment, and productivity information. Over 65,000 line-items- repair, renovation, maintenance, and new build. Current Construction Cost Data CSI Masterformat is now more important than ever. Organized using expanded CSI Masterformat.
Oddly, few real property owners create a detailed construction cost model for their renovation, repair, maintenance, or new build projects. This is a primary factor causing the high level of waste and dissatisfaction associated with life-cycle management of the built environment. INTRODUCTION. WHAT IS A MODEL? Learn more?
Cost and time estimates are imperative to the success of any construction project, both during construction and throughout the project life. Whether a repair, renovation, maintenance, sustainability, or new build project, certain fundamental processes and information are REQUIRED to create a valid construction estimate.
Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Repair costs (man hours and materials) as a percentage of Annual Operations Expenditures. Capital planning and management. Space management.
LEAN Job Order Contracting (JOC) is a robust integrated project delivery process for repair, renovation, maintenance, sustainability, and “minor” new construction. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us. INTRODUCTION. A PROGRAM STRATEGY. TOOLS AND SERVICES. via Four BT, LLC – www.4BT.us
Current, actionable construction cost data is a core component of efficient life-cycle management of the built environment and LEAN construction planning, procurement, and project delivery. What type of construction cost data do you use? LEAN Process Combined with Detailed, Locally Researched Construction Cost Data.
The good news is that robust solutions are readily available to enable the consistent delivery of quality repair, renovation, maintenance, and new construction projects on time and on budget. Without verifiable cost data, inclusive of labor, material, and equipment requirements, cost, scope, and time cannot be managed.
Traditionally, architects and engineers, prime contractors, specialty subcontractors, and material suppliers come together one time to execute a single project for a specific owner. What is the most critical factor in facilities management and sector?
Articulate the benefits of LEAN facilities repair, renovation, and construction across the entire life-cycle. Implement common data environments (CDE), especially for repair, renovation, and construction task at the detailed line item level. Focus upon BEST VALUE OUTCOMES. Assure compliance with regulatory frameworks.
All of the tools and services are readily available to optimize facilities planning, procurement, and project delivery outcomes, whether they be the numerous, ongoing repair, renovation, and maintenance tasks or new construction.
LEAN JOC (Job Order Contracting) is a robust integrated project delivery process for repair, renovation, maintenance, sustainability, and “minor” new construction. The approach invests more resources earlier in the Project life-cycle. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us.
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. Each line item is associated with a unit of measure and includes labor, material, equipment, and crew information.
The successful integration of People, Process, Information, and Technology leads to the consistent delivery of quality repair, renovation, maintenance, sustainability, and new construction projects on-time and on- budget. I have dedicated a fair portion of my life to improving physical asset life-cycle total cost of ownership management.
Locally researched labor, material, equipment, and productivity data is essential in the devlopement of a credible construction cost estimate. ENR economic index, etc.) applied to a outdated cost estimate will introduce significant error. 3# Local Market – All cost data must be based upon local market conditions.
Life-cycle total-cost-of-ownership asset management and LEAN planning, procurement, and project delivery methods integrate People, Process, Information, and Technology. Note: Locally researching labor, material, and equipment costs, as well as productivity rates is different than researching planning or completed construction costs.
Key Topics / Take Aways: Identify and advance technologies, processes, and management practices that improve the performance of federal facilities over their entire life-cycle, from planning to disposal. Requirements for facility life-cycle management, efficient repair/maintenance/sustainability, BIM.
Workflow Management – Process is “king” Having a LEAN workflow associated with estimates throughout a project life-cycle brings consistency and quality to the process. All of the above and more are exclusively available within the 4BT OpenBUILD (TM) suite of solutions. Learn more… via Four BT, LLC – www.4bt.us
The importance of selecting healthy materials for K-12 projects 0 qpurcell Mon, 09/30/2024 - 13:17 K-12 Schools Clark Nexsen interior designers Anna Claire Beethoven and Brittney Just, CID, IIDA, LEED Green Associate, share why it is imperative to specify healthy building materials in K-12 schools.
There are far too many variables involved in the “life-cycle” of a repair, renovation, maintenance, or new build activity for the comparison to provide ANY valid indication of “accuracy” of the construction estimate. This is clearly foolish. Tools and services that support the above are readily available.
They do not represent local labor, equipment, and material costs sufficiently. Four BT, LLC is an innovator in providing construction data, cloud technology , and services for Job Order Contracting and physical asset life-cycle / total cost of ownership management. These are a reasonable starting point. info@4BT.US.
Here are the 4 Steps to Improving Owner/Vendor Repair, Renovation, Maintenance, and New Construction Productivity. The most well know, and robust methods are Integrated Project Delivery (IPD) for major new construction, and Job Order Contracting (JOC), for repair, renovation, and minor new construction. Learn more? contact-form].
OpenJOC(TM) Job Order Contracting provides all the tools, information, training, and technology needed to design, implement, and execute a cost-effective, transparent, and highly productive approach to reducing repair, renovation, and minor new construction backlogs. Owner get what they need, when they need it, and for a fair price.
If the information is understood and applied property, the consistent delivery of quality repair, renovation, maintenance, sustainability, and new construction projects on-time and on-budget becomes the norm versus the exception. The most common and proven tools for this is a detailed, locally researched unit price book.
And while much attention has been paid to the Resource Conservation criteria that address minimized use of raw materials and encourages designing for deconstruction, a lot of the cutting edge work is found in the Materials section.
Common data environment – Using CSI MasterFormat and an associated construction cost database with common descriptions, terms, and full detail as to labor, material, and equipment costs is the ONLY efficient way to build, maintain, re-use, and share detailed line construction cost data. Higher Education.
In LEED, water efficiency is defined as reducing water used indoors or in building materials during construction. Materials and Resources. Materials and Resources. This is done by tracking Material by Design (MBD) credits that include a requirement to use product categories identified in the LEED Product Category Library.
JOC Contract strategy, development, implementation, and management involves a thorough understanding of LEAN Construction and Life-cycle Asset Management. Proper JOC contract design and management are central to improved renovation and repair outcomes. Development of acquisition/procurement approach. Ongoing training.
LEAN Facilities management is a process that optimizes physical asset life-cycle reinvestment by focusing upon best value outcomes among all participants and stakeholders.
OpenJOC Job Order Contracting Framework provide the ability to deliver over 90% of renovation, repair, maintenance, sustainability, construction projects on-time, on-budget, and to the satisfaction of all participants and stakeholders. . This is accomplished through the integration of. info@4BT.US.
Here are a few lessons learned with respect to improving construction productivity, and overall life-cycle management of the built environment. Financial Transparency – Detailed Line Item Tasks, including Full Descriptions in Common Terms/Plain English and Labor, Materials, and Equipment Breakdowns. Shared Risk/Reward.
BIM is the life-cycle modeling and management of the built environment supported by digital technology. First, a few clarifications and items to help frame this discussion: BIM definition: “BIM is the life-cycle modeling and management of the built environment supported by digital technology.” INTRODUCTION.
A Job Order Contract Unit Price Book, provides thousands of tasks for commonly encountered renovation, repair, maintenance, and new construction activities, with associated definitions of each, as well as detailed labor, material equipment costs. The Contractor”. contact-form].
Appropriate materials and line items. Line items are reviewed for clarity and reasonableness to ensure basic building materials usage to common area quantities. Ability to create customized line items via changes to material, labor, and equipment, while maintaining core “parent line items”. Crews reviewed and updated.
Job Order Contracting Services and Tools should deliver accurate, standards-based, timely, transparent and actionable cost information to all stakeholders throughout the life-cycle of all common renovation, repair, maintenance, sustainability, and minor new construction projects.
The following terms, definitions and KPI’s are relevant to life-cycle management of the built environment and may be useful to your organization. Average dollar value of renovation, repair, maintenance work. Repair costs (man hours and materials) as a percentage of Annual Operations Expenditures.
Appropriate decision-support tools and services (technology, data, and consulting/education/support) must be included to enable consideration of life-cycle costs and financial resource prioritization. Life-cycle / total cost of ownership management techniques. LEAN Business Models and Methods.
Full description of line items, in plain English using common industry terms, including crews, output, material, labor, and equipment costs. Support and training from a team that has decades of experience LEAN consturction delivery and life-cycle facilities / infrastructure asset management.
The construction delivery method and its associated contractual framework affects the outcome of any repair, renovation, or new construction project more than any other single element. The UPB contains a detailed listed of tasks required to accomplish virtually an repair, renovation, or minor new construction project.
BIM, facilities life-cycle management supported by digital technology will create a high demand cost estimators with a thorough understanding of building systems and associated repair, renovation, sustainability and construction techniques, materials, equipment, and labor.
– A process whereby contractual agreements are designed, bid, and executed between real property owners and construction contractors for renovation, repair, or new construction services for buildings or any form of physical infrastructure. Define Construction Procurement. Services and/or work may include… .
Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Repair costs (man hours and materials) as a percentage of Annual Operations Expenditures. Capital planning and management. Space management.
Repair costs (man hours and materials) as a percentage of Annual Operations Expenditures. ?? Emergency Maintenance Costs as a percentage of Annual Operations Expenditures. ?? Unscheduled/Unplanned Maintenance Costs as a percentage of Annual Operations Expenditures. ?? CRV (Current Replacement Value). ??
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