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
Consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budget is possible using an integrated planning, procurement, and project delivery solution. Shared profit and risk and jointly developed project goals and values are keystones for team alignment for any project. Team Selection.
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.
Robust, integrated LEAN asset planning, procurement, and project delivery solutions are readily available to establish efficient physical asset lifecycle management programs. Integrated planning, procurement, and project delivery processes and teams Process Drives Productivity. via Four BT, LLC – www.4bt.us
BIM Model Integration, also in a federated form, allows you to keep information connected to models, driving significant time savings and the reduction of the risk associated with the inability to access current actionable information. This makes it easy to manage assets and components throughout their full life-cycle.
The path to best value facilities requires competency in both life-cycle total-cost-of-ownership asset management and LEAN construction planning, procurement, and project delivery. providing powerful, proven solutions for efficient project planning, procurement, and execution. appeared first on 4BT.
Life-cycle reduction of environmental and economic costs associated with the built environment is not “rocket science” Proven methodologies and tools have existed for decades. Teams that share information, risks and rewards. The post Best Value Construction Procurement appeared first on 4BT.
Shared, performance-based risk/reward. Procurement/bidding. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Cost Estimating, Procurement, & Construction Project Delivery and Management Systems.
How a company assesses and plans for climate-related risks may have a significant impact on its future financial performance and investors’ return on their investment in the company. The journey towards efficient life-cycle management of the built environment, carbon literacy, and LEAN process is not easy. Conclusion.
Best value facility and asset management can be achieved through the application of LEAN planning, procurement, and project delivery methods. LEAN methods assure alignment of facilities/infrastructure needs with organizational objectives and provide an operational framework for best value planning, procurement, and project execution.
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.
Maximizing benefits required collaboration planing, procurement, and project delivery. LEAN Construction Planning, Procurement, and Project Delivery Tools and Services. Elements of collaborative planning, procurement, and project delivery programs. McKinsey & Company 2020. Ready to learn more?
BEST VALUE & COMPLIANT Construction Planning, Procurement, And Project Delivery can be deployed and managed today using a robust suite LEAN tools and services. The post BEST VALUE & COMPLIANT Construction Planning, Procurement, And Project Delivery appeared first on 4BT. the OpenJOC(TM) Solution). the OpenJOC(TM) Solution).
With the availability of LEAN integrated IDIQ procurement and project delivery solutions, benefits including the consistent completion of quality projects on-time and on-budget and in full compliance. Indefinite Delivery/Indefinite Quantity (IDIQ) is a form of procurement. Via Four BT, LLC (www.4bt.us)
Sharing risks and rewards through integration and collaboration throughout the project life-cycle, from concept through completion and beyond delivers major gains in quality, productivity, and overall satisfaction. The post Performance-based Procurement & Project Delivery for Facilities Repair, Renovation, and More!
Alternative Project Delivery (APD) offers the opportunity delivers significant added value versus traditional design-bid-build, design-build, Construction Management at Risk (CMAR), Agency?CM Leverage LEAN Planning, Procurement, and Project Delivery to Consistently Achieve Best Value. CM , and other “traditional” methods.
Reducing the Major Risks Associated with Public Sector Construction. These concerns plague construction all all stages, but are particularly pronounced during budgeting, procurement, and construction. More specifically LEAN Collaborative Construction Delivery … •Shared Risk/Reward. Mutual Trust/Respect. Compliance.
The above represents the initial “concept” or “planning” stage, however, the steps must be repeated throughout the planning, procurement, and project delivery phases. What documentation, forms are required? In addition, collaborative teams, robust processes, and current actionable information are critical.
Best value construction planning, procurement, and project delivery methods are readily available to virtually assure maximized environmental and economic returns on AEC, facilities management, and other physical infrastructure repair, renovation, or new construction projects.
Risk and Uncertainty: Costs should be determined for uncertainties within an estimate. There should be a disciplined and comprehensive method of assessing and reassessing project risk and uncertainty. Costs that are unknown and costs associated with potential risks can be included in the form of a contingency amount.
Cost savings (administrative, procurement, design, and construction efficiencies). Risk Mitigation. Integration with internal processes to drive enhanced life-cycle asset total cost-of-ownership management. Supplement existing staff (do more work with fewer staff) / Outsourcing. Improved Quality and Satisfaction.
LEAN asset management is simply defined as best value life-cycle management of the built environment, inclusive of buildings, roadways, utilities, transportation systems, bridges, dams, and landscapes. An example of a LEAN procurement and construction delivery method is the OpenJOC(TM) Job Order Contracting Framework.
Life-cycle asset management focus versus myopic first cost driven decision-making. Innovative procurement and management models with balanced risk sharing. Front-loaded, cost transparent, project planning within a comment data environment (CDE). A common and appropriate framework for project management.
What are Facility/Infrastructure LifeCycle Costs? What is life-cycle management? Is BIM the life-cycle management of the built environment supported by digital technology? What are the benefits of life-cycle cost management vs. a “first-cost” focus? Answers to the above: 1.
What are Facility/Infrastructure LifeCycle Costs? What is life-cycle management? Is BIM the life-cycle management of the built environment supported by digital technology? What are the benefits of life-cycle cost management vs. a “first-cost” focus? Answers to the above: 1.
Shared risk/reward. Best value procurement. Significantly improving facility life-cycle repair, renovation, and new construction outcomes is both possible, and easily implemented IF owner leadership and competency are present. Are you interested in improving your life-cycle facilities management outcomes?
The common facilities management challenges can be mitigated using LEAN alternative construction planning, procurement, and project delivery. Traditional project delivery methods include, but are not limited to the following: construction management at risk (CMR), design-build (DB), and design-bid-build (DBB). Project Delivery Method.
Best Value Procurement – Put aside cost low bid/lowest technically acceptable procurement strategies. Long Term Relationships – Seek out service providers that truly will partner with you and understand the complexities of life-cycle facilities management. Learn more? Link to Articles and Research Studies.
Properly designed and implemented JOC Programs can optimize school operations budgets and construction bonds, resulting in more dollars spent on actual construction versus procurement costs and waste. Knowledge is tapped from internal and external teams, including operations, procurement, building users, builders. Shared risk/reward.
Open collaboration between real property project owners and service providers (architects, engineers, builders…) throughout the life-cycle of assets, programs, and projects is a fundamental outcome of using the OpenJOC(TM) Collaborative Construction Delivery Platform. . .
Any real property owner and their service providers can leverage collaborative project delivery to increase efficiency and reduce design, construction, and life-cycle costs. The surest path to measurably achieving this goal is to change the construction project procurement and delivery method.
Information must be shared through the facility life-cycle process among ALL stakeholder from initial conceptualization thru funding, design, procurement, construction, project management, close-out, warranty, and decommissioning/recycling. It’s time to change this.
Articulate the benefits of LEAN facilities repair, renovation, and construction across the entire life-cycle. Integrate internal and external teams (procurement, engineering, facilities management, designers, builders, building users…). Focus upon BEST VALUE OUTCOMES.
Here are a few lessons learned with respect to improving construction productivity, and overall life-cycle management of the built environment. It is NOT solely a procurement method. Shared Risk/Reward. WHAT NOT TO DO… JOC is a collaborative construction delivery method. Collaboration.
Traditional construction procurement and construction delivery methods, as well as ‘ad hoc’ daily facility management operations are unreliable and costly. Many commercial real property owners and facilities managers will require building competencies in all aspects of built environment life-cycle management.
While there has been a fair amount written about Lean principles, actual application in the form of an integrated construction planning, procurement, and project delivery methodology has been limited to 5% or less actual work. Influence of project type and procurement method on rework costs in building construction projects.
Put another way, all of the above… and the associated “life-cycle” of the renovation, repair, sustainability, or new construction projects, must be conceptualized, procured, executed, and warranted within a PROJECT DELIVERY METHOD.
Until Owners and Facilities Management improves their leadership skills and overall competency with respect to life-cycle management of the built environment, waste and low productivity will remain rampant in the construction sector. Shared Risk/Reward. Best Value Procurement. Mutual Respect & Trust.
We previously reported in 2018 on these unreliable data and made 15 SMS is a tool for asset life-cycle management that produces multi-year condition trends and investment requirements. There are specialized SMS modules, such as BUILDER (buildings), RAILER (rails), ROOFER (roofs), and PAVER (pavements). 2014cv0173-62-0.
OpenJOC LEAN Job Order Contracting provides the following benefits: Best value procurement and delivery of “turnkey” projects. Risk mitigation. Our expertise spans the areas of Job Order Contracting, Construction Cost Engineering/Cost Data, Life-cycle Asset Management, and Capital Planning and Management.
Best value procurement. Shared risk/reward. Need for formal and professional training with a focus upon asset life-cycle total cost of ownership management and LEAN construction delivery methodologies. The Foundation of LEAN Construction Delivery Methodology. Long term relationships. Mutual trust/respect.
Real property owners must lead the effort to motivate their internal and external teams to focus upon BEST VALUE OUTCOMES for all participants, throughout the physical infrastructure life-cycle. Shared risk/reward. Mutual respect/trust. Long-term mutually beneficial agreements. Oversight without excessive control.
BIM, the life-cycle management of the built environment supported by digital technologies, holds promise, yet remains elusive to many. and a shared set of goals, as well as risk/reward among project participants. Figure 1 LEAN [1] Asset Life-cycle Management. Shared Risk/Reward. Best Value Procurement.
Best value procurement and execution. Shared risk/reward. Engage in best value procurement. Capital Renewal – Major repairs and cyclical replacement of building systems/components versus established building life-time (50 years, 100 years). Review procurement policies. Life-cycle repair versus replace analysis.
Especially designed to support LEAN construction procurement and management processes such as Job Order Contracting and Integrated Project Delivery, you can support all stages of any project’s life-cycle. Mitigate variance and risk! Furthermore, our platform is IFC compatible. It’s that simple. Learn more?
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