Remove Books Remove Estimating Remove Project Management
article thumbnail

Challenge and Improve Construction Cost Estimating

Job Order Contracting

Challenge and improve construction cost estimating methods by enhancing data and ensuring process standardization. Improving construction cost estimating data and processes are central to significantly enhancing cost visibility and cost management. Robust Construction Cost Estimating Requirements: #1. Leadership support.

article thumbnail

FAST and RELIABLE Cost Estimates

Job Order Contracting

Finally, FAST and RELIABLE Cost Estimates for construction, renovation, repair, and maintenance are now possible with 4BT’s local market detailed cost data! Support LEAN and Value Management Principles: Enable waste reduction, value generation, and continuous improvement by providing verifiable and actionable data.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Valid Construction Cost Estimate Creation

Job Order Contracting

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

article thumbnail

Unit Price Construction Cost Estimating

Job Order Contracting

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. Contact Us.

article thumbnail

MANAGE Construction, Repair, and Renovation projects by EMPOWERING teams –

Job Order Contracting

Isn’t it time you truly MANAGE Construction, Repair, and Renovation projects? Robust processes, workflows, tools, and services exist to enable the consistent delivery of quality projects on time and on budget. At the core of these robust processes is a locally researched detailed unit price cost book. Learn more?

article thumbnail

Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The best source of information for “construction” IGEs is a locally researched detailed unit price book. FAR 36.203. FAR 2.101 and 13.000.

article thumbnail

JOC Program Line-item Estimating

Job Order Contracting

Regardless of the level of aggregation associated with a particular unit cost, it is critical to explicitly identify all the items that are included in each unit cost to enable the comparison of unit costs across projects and workorders! Fully audit cost estimate and actual cost information. Verify all aspects of the direct work (e.g.,