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Change Management Cost Control Estimating 
Job Order Contracting
MARCH 30, 2022
Valid construction cost estimate creation is the goal of every professional estimator. Using the final construction cost, for example, is just plain silly as there are far too many variables involved in the outcome. Nonetheless validity of a construction cost estimate is critical to cost management.
101 
Job Order Contracting
FEBRUARY 17, 2021
Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Unfortunately, the process is largely done inappropriately and without cost transparency or visibility, and rarely is verifiable. Most Independent Government Cost Estimates are Not Well Documented. FAR 36.203.
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
Autodesk Construction Cloud
JUNE 7, 2023
Inaccurate estimates might not be the root of all evil, but they sure can derail a project. Far and away one of the most common reasons, however, is inaccurate budget estimates. When it comes to construction, estimating costs is a towering challenge. When it comes to construction, estimating costs is a towering challenge.
98 
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. 2 Timeliness – All cost data must be current. applied to a outdated cost estimate will introduce significant error.
89 
Job Order Contracting
AUGUST 17, 2023
Controlling construction costs is not rocket science, nor does it involve time travel. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Controlling Construction Costs is not rocket science 1.
72 
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.
80 
Civil + Structural Engineer
SEPTEMBER 27, 2023
As Project Engineers, Kodey Lane-Norful and Likitha Kaki are responsible for assisting project managers with quality control, project budgets and cost reports, reviewing and coordinating submittals and RFIs, subcontractor management and maintaining communication with the client and entire project team.
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.,
Civil + Structural Engineer
OCTOBER 2, 2023
Others have pinpointed spiraling labor costs, inflation, and interest rate rises as major risks on the horizon. Craft skills shortages have been exacerbated by the mass of experienced workers nearing retirement age and increased demand for a limited labor pool has also increased labor costs. Other risks are increasing too.
Job Order Contracting
DECEMBER 9, 2022
Robust Process Integration + Common Shared Cost/Technical Information + Supporting Tech = Measurably Improved Cost Management. Integrating People, Process, Information, and Technology with proven industry best practices and organization-specific requirements into a proven cost management solution.
98 
Rapport3
NOVEMBER 21, 2023
To make sure profits stay steady and grow, it's crucial to manage increasing costs for materials, labour, and operations. The Impact of Inflation on the Architecture sector Inflation directly affects project costs in architecture. This helps identify cost overruns quickly and take corrective action.
105 
Civil + Structural Engineer
MAY 3, 2024
HDR’s Construction Management Team Helped Deliver Landmark East Link Light Rail Extension Project The initial segment of Sound Transit’s 2 Line began operations April 27, the product of more than a decade of work to improve transit connections between Seattle, Mercer Island, Bellevue and Redmond. The Bellevue-Redmond segment of the $3.7
Job Order Contracting
MAY 12, 2020
Here is a recommended list of considerations if you are seeking the best construction cost estimating solution for your organization. Collaborative environment – Even if there is only one estimator, it is critical to share current, actionable information with multiple internal and external parties.
59 
Job Order Contracting
DECEMBER 13, 2022
A Relationship-based Approach to Sustainable Facilities Management is needed to meet current and emerging economic and environmental requirements. Realistic, valid cost and technical requirement planning. Reach out to see how… Proven Cost Control Solution. Asset/Component Management. Bid Management.
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. Over time, technological change, labor shortages and the increasing complexity of projects have reshaped the role. However, you can only be as effective as the tools your organization provides.
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.
52 
BDC Network
JUNE 3, 2024
Escalation: Predicting project costs in a volatile market 0 qpurcell Mon, 06/03/2024 - 12:26 Construction Costs Thad Berkes, Chief Cost Estimator, Design Collaborative, shares that one of the major hurdles that Design Collaborative attempts to forecast for its commercial construction projects is escalation.
85 
Autodesk Construction Cloud
MAY 30, 2023
61% of construction businesses reported that rising material and labour costs significantly impacted their financial viability. KPMG research also shows just 31% of projects come within 10% of the original budget, indicating that budget control is more crucial than ever in this uncertain economic climate.
52 
Autodesk Construction Cloud
JANUARY 17, 2024
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%.
Civil + Structural Engineer
JULY 3, 2023
Recent estimates put the cost of rework at around 5 percent of total project costs, and also suggest it accounts for more than 30 percent of all work on site. Whilst this is all well and good, it comes at a time when labor shortages are escalating, construction costs are rising, and the climate crisis is heating up.
Civil + Structural Engineer
APRIL 14, 2023
. – 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. In some cases, the entire road may have to be rebuilt.
130 
CCR Magazine
APRIL 16, 2024
Amidst this bustling environment lies a crucial, yet often understated element: the art of strategic project management and cost control. This is where the expertise of Pekaj Group & estimating solutions sails to the rescue. An overestimate can cost you the bid; an underestimate can cost you your margins.
52 
LetsBuild
JUNE 2, 2023
Expectedly, not all aspects of a project go according to plan; several setbacks usually affect your cost and timelines. Manual processes and tasks in designing, estimating, bidding and project management are primarily responsible for such lapses.
Civil + Structural Engineer
NOVEMBER 14, 2023
Five Contractors Recognized for Their Innovative Use of Technology LAS VEGAS— Trimble (NASDAQ: TRMB) today announced the winners of the annual Trimble Construction Management Awards, which honors the successes that North American civil, general and specialty contractors have achieved with the support of Trimble technology. On average, T.S.
Job Order Contracting
JULY 7, 2024
GSA PBS JOC Program Management Audit – Issues Continue: The General Services Administration (GSA) Public Buildings Service (PBS) has faced scrutiny and criticism in the past for various financial and management issues, including those related to Job Order Contracting (JOC) programs.
75 
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.
The Pro Builder
MAY 3, 2023
ibush Wed, 05/03/2023 - 15:00 Developing an agility-based mindset is critical to effectively manage today’s home building challenges. For home builders, that’s (hopefully) a welcome message because it means they may actually be able to control their company’s future. But that’s confusing agility with chaos management.
130 
Viewpoint Construction Technology
APRIL 23, 2019
There are some reasons, like weather that are beyond your control, but most construction project delays can be avoided. As a contractor, misquoting a job estimate can be massively detrimental; some jobs are shut down for weeks, months or even dropped altogether. Budget Inaccuracies. Labor Challenges.
Job Order Contracting
DECEMBER 10, 2022
OpenBUILD(TM) is The ONLY Construction Integrated Project Delivery Solution with Locally Researched Cost Visibility with Program Management, Contract Management, Proposal/Bid/Estimate Management, Workorder Management , Project Management, Document Management, Team Management, Issues/Task Management, Workflow Management, and BIM integration.
Civil + Structural Engineer
MAY 24, 2023
The Sacramento region can expect to see big changes related to how wastewater is treated and reused with the completion of Regional San’s $1.7 Our upgraded treatment process now removes 99 percent of ammonia and 89 percent of nitrogen from the wastewater,” said Regional San General Manager Christoph Dobson. SACRAMENTO, CALIF. –
130 
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.
Autodesk Construction Cloud
SEPTEMBER 20, 2023
As teams get larger and construction projects become more complex, proper document management needs to be an integral part of your workflow. Poor document management is detrimental to a project and can lead to delays, budget overruns , and rework. trillion in 2020. billion in rework alone annually. billion in rework alone annually.
PN - Project Management
DECEMBER 10, 2024
The construction industry has embraced digital transformation, and big data is at the forefront of this change. Powered by big data, predictive analysis is becoming a cornerstone for construction management, enabling businesses to achieve greater accuracy, efficiency, and cost-effectiveness.
Autodesk Construction Cloud
APRIL 24, 2023
While incredibly rewarding, the construction industry is a challenging sector to work in for cost-focused business and project executives. Today’s firms typically operate on razor-thin margins with an average of 4-6% , which means even a tiny change in costs or revenue can significantly impact your bottom line.
Autodesk Construction Cloud
NOVEMBER 7, 2023
API | Admin WRITE API [Coming Soon] – This API will support project creation from templates and management of project members, such as single or bulk adding to a project and removing or updating project members. This feature ensures a level of standardization is maintained without losing control of the project.
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
Job Order Contracting
APRIL 5, 2022
Public sector efficient physical asset management requires robust process, collaborative teams. Moving beyond traditional methods that are responsible for rampant economic and environmental waste requires that public sector real property leadership focus upon forward thinking and change management. Identify and prioritize work.
iField Smart
MAY 14, 2024
Constructing Efficiency: Exploring the Leading Construction Project Management Software of 2024 In 2024, the construction industry continues to witness a transformative shift towards digitalization and innovation, with construction management software playing a pivotal role in enhancing project efficiency and collaboration.
iField Smart
JUNE 26, 2024
Construction Daily Report Software: The Backbone of Modern Project Management Construction projects are complicated undertakings with many moving parts, tight deadlines, frequent modifications, and unanticipated difficulties. This reduces misunderstandings, promotes transparency, and enables quicker decision-making.
BDC Network
AUGUST 14, 2023
Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.
Autodesk Construction Cloud
JANUARY 24, 2023
This means that teams can now control which asset category types are able to be viewed depending on role-based permissions. Cost Management | Clear Schedule of Values Evolution within Contract View* Within the contract full page view, users can visualize how each schedule of values (SOV) has evolved throughout the project.
Buildern
DECEMBER 3, 2024
Construction cost tracking can feel like a never-ending headache. Missed receipts, unexpected costs, and lack of visibility lead to construction budget overruns. Table of Contents The Basics of Construction Cost Tracking What is Construction Cost Tracking? What is Construction Cost Tracking?
52 
Autodesk Construction Cloud
JANUARY 23, 2024
Cost Management | Cash Flow Consolidated View* – Within the Cash Flow view, distribution modifications can be made in a new sub-table view, allowing users to see the context of the other distribution items while making adjustments. The link to the document(s) within the email will stay the same for access within Cost Management.
Jonas Construction
JULY 30, 2024
Races start with a strategy and the crew chief (like a project manager) checks in with the driver throughout the race to ensure their strategy is working and to make any necessary adjustments. It should also be organized and readily available for review by stakeholders, including project managers (PMs), subcontractors, and employees.
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