Remove Building Performance Measurement Remove Cost Control Remove Estimating
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Valid Construction Cost Estimate Creation

Job Order Contracting

Valid construction cost estimate creation is the goal of every professional estimator. The reason is simple, an estimate, by nature, is an approximation. Furthermore, measuring accuracy is impossible as there is no datum. Nonetheless validity of a construction cost estimate is critical to cost management.

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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. 2 Timeliness – All cost data must be current. applied to a outdated cost estimate will introduce significant error.

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A new risk landscape is reshaping owner-contractor relationships

Civil + Structural Engineer

Others have pinpointed spiraling labor costs, inflation, and interest rate rises as major risks on the horizon. Traditional design-bid-build models where the burden of risk was principally shouldered by contractors are gradually giving way to more collaborative models where risks and responsibilities are more evenly shared.

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LEAN Construction Cost Estimating

Job Order Contracting

LEAN Construction Cost Estimating Drives Optimal Performance. LEAN Construction Cost Estimating. Detailed line item construction cost estimating is a core component of LEAN construction and measurably improved outcomes. Focus upon detailed line item estimating by discrete tasks.

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University of Nevada, Reno pavement testing technology hits the market

Civil + Structural Engineer

. – After a long, stormy winter, drivers are faced with dodging potholes or suffering the consequences of damage to their vehicles, but a first-of its-kind quality control tool may help increase the quality of pavement and keep those potholes, ruts and cracks from forming.

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3 Decisions that Keep Construction Owners Up at Night 

Autodesk Construction Cloud

fraught with rising costs, material challenges, and labor struggles—the pressure to answer these questions correctly becomes even greater. increase in equipment costs, and labor wages rose 3.4%. of construction materials in the RSMeans database experienced a significant cost increase, with an average increase of 19%.

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Construction in the Digital Age: Embracing Innovative Tools for Successful Business

Construction Marketing

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.