Job Order Contracting

OCTOBER 19, 2023

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 91

Estimating Schedule Management Risk Management Change Management 91

Job Order Contracting

AUGUST 20, 2023

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.

Estimating 89

Estimating Structural Systems Schedule Management Risk Management 89

LetsBuild

JUNE 2, 2023

The success of any construction project hinges on multiple factors, including budgeting and scheduling, which impact the project’s completion. In fact, most contractors usually add a 10% margin error into their budgets and timelines as a contingency.

Project Management 98

Project Management Construction Management Budgeting Schedule Management 98

Autodesk Construction Cloud

MAY 9, 2022

??Risk management has always been an essential element for success in construction, but things have certainly reached a whole new level in recent years. Needless to say, learning to manage risk amidst uncertainty might be more important than ever before. . We discuss: Their opinion on today’s biggest areas of risk.

Risk Management 80

Risk Management Integrated Project Delivery (IPD) Project Management Prefabrication 80

Civil + Structural Engineer

OCTOBER 2, 2023

By Steve Smith , EVP of Infrastructure at Graham Construction and Catie Williams, VP of Product Development at InEight A volatile risk climate worsened by ongoing reverberations from COVID-19, geopolitical conflict, and severe weather events is reshaping the traditional relationship between owners and contractors. Construction 4.0

Integrated Project Delivery (IPD) 147

Integrated Project Delivery (IPD) Landscaping Risk Management Cost Control 147

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating 80

Estimating Cost Control Project Management Consulting Construction Equipment 80

Rapport3

NOVEMBER 21, 2023

To make sure profits stay steady and grow, it's crucial to manage increasing costs for materials, labour, and operations. Rapport3, a powerful project management software designed for architecture firms, offers solutions to minimise the impact of inflation: Tracking Costs in Real Time Our software lets you monitor project costs in real time.

Architecture 105

Architecture Risk Management Cost Control Material Handling 105

Field Wire

MARCH 5, 2024

Estimating project costs correctly and managing the budget accordingly are just as vital. All subcontractors make project cost estimation and budgeting errors. Follow these eight essential steps to estimate project costs and budget funds effectively to prevent grave miscalculations.

Estimating 52

Estimating Budgeting General Contracting Insurance Management 52

Civil + Structural Engineer

APRIL 28, 2023

a global leader in construction capital project management software, has announced new innovations that further realize its strategy of connecting 16 essential project controls business processes on a single, integrated platform. InEight Inc.,

Schedule Management 130

Schedule Management Cost Control Risk Management Change Management 130

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them.

Risk Management 52

Risk Management Construction Management Environmental Impact Assessment Project Management Consulting 52

Job Order Contracting

MARCH 17, 2021

Reliable construction cost estimating is important to real property owners, facilities management professions, architects, and engineers. If a job is estimated correctly all parties should have a detailed understanding of the scope of work, costs, time, labor, and materials required.

Estimating 61

Estimating Quality Assurance Procurement Building Materials 61

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc.

Estimating 68

Estimating Procurement Construction Equipment Lean Construction 68

Autodesk Construction Cloud

NOVEMBER 17, 2021

Your construction budget is one of the most important things to get right in any project. Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. The lack of proper budgeting practices can also lead to communication breakdowns and misalignment.

Budgeting 52

Budgeting Schedule Management Project Management Project Management Consulting 52

CCR Magazine

JANUARY 10, 2024

In the world of commercial construction, the art of managing projects efficiently while staying within budget is a crucial skill. With the rising costs of materials, labor, and unforeseen challenges, mastering budget-conscious techniques is paramount for construction managers.

Budgeting 52

Budgeting Building Information Modeling (BIM) Construction Equipment Project Management 52

Civil + Structural Engineer

JUNE 28, 2024

By Victoria Salvador Project management in the architecture, engineering, construction, and owner/operator industry is part art, part science. No doubt you’d agree that good project management is crucial for improvements in productivity and better financial results for all concerned.

Project Management 130

Project Management Building Information Modeling (BIM) Stakeholder Engagement Change Management 130

In Eight

MARCH 21, 2023

Hence, the need for budgets. Contractors and owners often watch as their projects’ budgets gradually creep, and often soar, past the limits established and agreed to during the planning stage. Though intentions are good at the start, why is it such a challenge to adhere to those budgets?

Budgeting 52

Budgeting Schedule Management Project Management Consulting Cost Control 52

In Eight

NOVEMBER 9, 2023

Risk abounds in our everyday life. We make decisions on how we travel, work, socialize, and even eat and sleep based on the perception of risk. However, when determining whether and how to build a new asset, risk takes on an entire new scale , and risk models range from the macro to the micro.

Risk Management 59

Risk Management Environmental Impact Assessment Project Management Schedule Management 59

CCR Magazine

MAY 16, 2024

Building a commercial pool is a significant investment that requires careful planning and budgeting. From site preparation to ongoing maintenance, every aspect of commercial pool construction demands careful attention to detail and strategic financial management. What Are the Key Considerations for a Successful Commercial Pool Project?

Budgeting 52

Budgeting Project Management Consulting Site Planning Risk Management 52

Job Order Contracting

MARCH 30, 2021

If you are Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes, then do these 3 steps! Ensure robust nontechnical risk management by developing long-term relationships with well defined roles, responsibilities, workflows, information requirements, and deliverables.

Integrated Project Delivery (IPD) 72

Integrated Project Delivery (IPD) Budgeting General Contracting Procurement 72

Buildern

MAY 24, 2023

From crafting schedules and allocating budgets to nurturing a proficient workforce through comprehensive construction risk management training and drafting a symphony of contracts—the journey of a construction project is a tapestry woven with multifaceted administrative intricacies.

Risk Management 52

Risk Management Construction Management Project Management Insurance Management 52

Autodesk Construction Cloud

JUNE 8, 2023

Because preconstruction offers the biggest opportunity to de-risk a project. Many things can happen during this period, and project teams often face complications like design creep and price increases, which negatively impact budgets and schedules. This is where connected bid management solutions comes in handy.

Risk Management 98

Risk Management Project Management Estimating Schedule Management 98

CCR Magazine

JANUARY 14, 2024

Also included is Field Surveillance of in-process construction activities, site inspections, maintenance of construction schedules, and construction management. He has served as Project Controls Manager, Chief Estimator, Senior Manager, and Project Manager for a variety of infrastructure projects.

Estimating 52

Estimating Quality Control Schedule Management Cost Control 52

Construction Marketing

MAY 17, 2023

These tools enable construction professionals to rethink every aspect of project planning, execution, and collaboration, whether it be through the use of project management software, virtual reality (VR), or building information modeling (BIM). Safety and Risk Management Safety and risk management are paramount in the construction industry.

Building Information Modeling (BIM) 98

Building Information Modeling (BIM) Building Code Compliance Building Automation Renewable Energy Systems 98

Construction Daily News

MARCH 21, 2024

In the world of commercial construction, staying within budget is crucial for project success. With costs for materials, labor, permits, and unexpected expenses constantly changing, managing budgets effectively requires careful planning and smart decision-making.

Budgeting 52

Budgeting Building Information Modeling (BIM) Risk Management Renewable Energy Systems 52

Autodesk Construction Cloud

JANUARY 17, 2024

Decision 1: How to improve asset and portfolio performance Whether you're managing one or 50 facilities, actively monitoring and improving performance is critical to long-term profitability. Utilize cost and estimation data Tap into historical and actual data to forecast and plan for expansion, repairs, and rehab.

Building Information Modeling (BIM) 122

Building Information Modeling (BIM) Building Performance Measurement Facility Management Handover 122

Civil + Structural Engineer

JUNE 10, 2024

By John Clow, MentorAPM co-founder and COO The extreme weather risk to clean water infrastructure is up— way up. A smart way to protect and enhance those investments is with asset management, which helps utilities make risk-based decisions and derive maximum value from assets.

Risk Management 130

Risk Management Building Resilience Project Management Consulting Facility Management 130

Civil + Structural Engineer

JUNE 10, 2024

By John Clow, MentorAPM co-founder and COO The extreme weather risk to clean water infrastructure is up— way up. A smart way to protect and enhance those investments is with asset management, which helps utilities make risk-based decisions and derive maximum value from assets.

Risk Management 130

Risk Management Building Resilience Project Management Consulting Facility Management 130

Civil + Structural Engineer

JUNE 24, 2024

In the most recent federal budget, Congress passed and approved more than $12 billion in Congressionally Directed Spending items. If the earmark is not removed from the final budget process, the project will benefit from a provision in the budget bill specifying which agency’s funding will be tapped. A few examples follow.

Approvals 130

Approvals Facility Management Building Resilience Building Design 130

iField Smart

APRIL 23, 2024

Building Better: Maximizing Efficiency with Construction Management Software Solutions Efficiency within the construction landscape points to accomplishing tasks, processes, and projects with minimum effort, resources, and time. Based on a report by Kings Research, the construction management software market will reach $21.67

Construction Management 78

Construction Management Schedule Management Risk Management Project Management 78

PN - Project Management

DECEMBER 10, 2024

Powered by big data, predictive analysis is becoming a cornerstone for construction management, enabling businesses to achieve greater accuracy, efficiency, and cost-effectiveness. When integrated into predictive systems, this information becomes a powerful tool for mitigating risks and optimizing resources.

Construction Management 97

Construction Management Building Information Modeling (BIM) Environmental Impact Assessment Risk Management 97

Autodesk Construction Cloud

DECEMBER 17, 2022

A well executed quantity takeoff helps the team stay within their budget, deliver work on time, and ultimately maximize profitability on construction projects. This is why preconstruction managers and estimators face tremendous pressure to generate estimates quickly, accurately, and iteratively throughout a project.

Estimating 52

Estimating Risk Management Project Management Collaboration 52

Extranet Evolution

DECEMBER 21, 2021

Planyard offers one place for all project financials management, keeping everything standardised and in sync, with a real-time view of project costs. Estonia-based Planyard is targeting contractors with a cloud-based budget management tool for contractors. Project costs are visualised when they happen – not a month later.

Budgeting 52

Budgeting Project Management Risk Management Change Management 52

Buildern

OCTOBER 23, 2024

The wise construction manager knows that the actual cost of any project is only realized once the task is complete and all financial obligations have been accounted for. That said, what steps should a construction manager take in order to estimate the cost of any given project accurately? Read on to learn more about the process.

Estimating 52

Estimating Construction Equipment Construction Management Project Management 52

PN - Project Management

JULY 24, 2023

Achieving mastery in cost management in construction projects is crucial. This article gives you the expertise and tools to handle your project's budget like a seasoned professional. Ensure your project's profitability and minimize risk by outlining each phase's monetary parameters.

Project Management 52

Project Management Construction Management Budgeting Cost Control 52

Building Radar

AUGUST 11, 2024

Construction Management at Risk (CMAR) is a project delivery method that has become increasingly popular in the construction industry due to its unique approach to managing risk and ensuring project success. Understanding Construction Management at Risk (CMAR) What is CMAR?

Risk Management 40

Risk Management Construction Management Cost Control Project Management 40

Autodesk Construction Cloud

NOVEMBER 13, 2023

Furthermore, according to insights from Accenture and Frontier Economics , the construction industry could witness remarkable profit growth—estimated at 71%—through AI integration over the next ten years. With Construction IQ, daily project management becomes an informed and streamlined experience.

Building Information Modeling (BIM) 142

Building Information Modeling (BIM) Risk Management Building Automation Energy Efficiency 142

iField Smart

MARCH 17, 2024

Introduction Construction management entails coordinating and overseeing various project corners including planning, scheduling, risk reduction, collaboration, budgeting, and quality assurance. Traditional processes and tools related to construction management aren’t able to cut it for complex, cost, and time-driven projects.

Construction Management 83

Construction Management Building Information Modeling (BIM) Schedule Management Real Estate Development 83