Job Order Contracting

MARCH 30, 2022

Valid construction cost estimate creation is the goal of every professional estimator. The reason is simple, an estimate, by nature, is an approximation. Using the final construction cost, for example, is just plain silly as there are far too many variables involved in the outcome. and oversight groups.

Estimating 105

Estimating Lean Construction Cost Control Building Performance Measurement 105

Job Order Contracting

MARCH 24, 2020

-+. Construction Cost Estimating – LEAN. This paper ” Construction Cost Estimating-LEAN” discusses the positive impacts of collaboration, a common data environment, and locally researched detailed line item construction cost data. INTRODUCTION. CURRENT STATUS.

Lean Construction 55

Lean Construction Estimating Cost Control Property Management 55

Job Order Contracting

JULY 9, 2019

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.

Lean Construction 52

Lean Construction Estimating Building Performance Measurement Cost Control 52

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Eighty percent (80%) of all construction projects are late, over-budget, or incorrectly completed. These are not LEAN construction delivery methods. Put aside anything you have heard about Last Planner(TM), TPS, Six Sigma, belt-belt, et al.

Lean Construction 52

Lean Construction Estimating Integrated Project Delivery (IPD) Cost Control 52

Job Order Contracting

JANUARY 16, 2020

4BT LEAN CONSTRUCTION COLLABORATION SaaS Solution. The innovate and exclusive Collaborative LEAN Construction Software for the Enterprise or Single Organization offering all of these features. The post Collaborative LEAN Construction Software appeared first on 4BT.

Lean Construction 75

Lean Construction Collaboration Building Information Modeling (BIM) Facility Management 75

Job Order Contracting

JANUARY 3, 2025

Historical Precedent and Familiarity RSMeans has been a longstanding standard in construction cost estimation. However, this approach often overlooks local market fluctuations and nuances, leading to inaccurate cost estimates.

Procurement 98

Procurement Risk Management Facility Management Lean Construction 98

Job Order Contracting

DECEMBER 7, 2020

Collaborative construction cost estimating provides guidance to organizations seeking improved cost visibility and transparency for repair, renovation, maintains and new build projects as well as overall facilities and physical infrastructure management. In other words, robust, LEAN process takes precedence for all associated projects.

Estimating 85

Estimating Collaboration Integrated Project Delivery (IPD) Lean Construction 85

Job Order Contracting

MAY 8, 2023

Better estimates. Verifiable. current local market labor, material, and equipment costs – updated quarterly. appeared first on 4BT. appeared first on 4BT.

Estimating 105

Estimating Lean Construction 105

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 95

Estimating Procurement Lean Construction Construction Equipment 95

Job Order Contracting

OCTOBER 11, 2020

LEAN Construction Cost Control. Traditional cost estimating methods do not offer any reliable guidance for assessing impacts upon over project costs. National average construction cost data and the use of locations factors, area cost factors, or construction cost indexes are static by nature and do not reflect local costs.

Cost Control 66

Cost Control Lean Construction Integrated Project Delivery (IPD) Estimating 66

Job Order Contracting

APRIL 29, 2020

Detailed line item construction cost estimating is a prerequisite to obtaining best value outcomes for facilities / built infrastructure repair, renovation maintenance, sustainability, and new construction projects. see LEAN construction guide ). see LEAN construction guide ).

Estimating 76

Estimating Lean Construction Procurement Schedule Management 76

Job Order Contracting

OCTOBER 10, 2024

Engage in data driven cost estimating with objective, verifiable, and current local market labor, material, and equipment price books from 4BT (Four BT, LLC). contact-form] The post Data Driven Cost Estimating appeared first on 4BT.

Estimating 98

Estimating Lean Construction 98

Job Order Contracting

MARCH 21, 2022

Should Areas Cost Factors be used for Construction Cost Estimating? As a result, more than 40 years after the introduction of area cost factors (ACFs), the federal government is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) variances.

Estimating 105

Estimating Procurement Lean Construction Construction Equipment 105

Job Order Contracting

MAY 21, 2022

Effective construction cost estimating must be done at a detailed line-item level using local market data. contact-form] The post Effective Construction Cost Estimating appeared first on 4BT. Learn more?

Estimating 105

Estimating Lean Construction 105

Job Order Contracting

NOVEMBER 9, 2022

An introduction to a LEAN Construction Framework – A Robust Solution fully supported by tools and services. Proceedings… of the 12th Annual Conference on Lean. Construction, Denmark. Proceedings… of the 14th Annual Conference on Lean Construction, Santiago, Chile. Construction”.

Lean Construction 81

Lean Construction Cost Control Project Management Construction Management 81

Job Order Contracting

AUGUST 15, 2024

Isn’t it time for owners, designers, engineers, and builders to STOP thinking about accurate construction cost estimates? The fact of the matter is that there is no such thing as an “accurate construction cost estimate” Measuring accuracy requires a reliable reference point or datum.

Estimating 98

Estimating Construction Equipment Procurement Building Materials 98

Job Order Contracting

MAY 24, 2023

Poor Construction Estimates – Root Cause The are two primary root causes of poor construction cost estimates: Lack of early and ongoing communication between all relevant parties. Failure to use granular, current, and well organized construction cost data specific to the local market.

Estimating 98

Estimating Communication Construction Management Collaboration 98

Job Order Contracting

JULY 19, 2020

2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Locally researched detailed line item unit price construction data provided the highest level of verifiable and transparent information. Introduction. Quality / Quantity.

Estimating 85

Estimating General Contracting Building Materials Manufacturing Insurance Management 85

Job Order Contracting

AUGUST 17, 2020

Remove the traditional silos and no longer depend upon inefficient and antagonistic construction delivery methods. Collaborative LEAN Construction Planning Procurement Project Delivery Solution. The post Announcing an Innovative LEAN Construction Planning Procurement Project Delivery Solution Solution appeared first on 4BT.

Lean Construction 66

Lean Construction Procurement Property Management Project Management 66

Job Order Contracting

MARCH 17, 2020

Don’t be fooled by the myth that LEAN Construction and Integrated Project Delivery focus exclusively up technique and process and don’t have associated implementation tools and services. The post The Myths of LEAN Construction and Integrated Project Delivery appeared first on 4BT. ” Henry Ford.

Lean Construction 66

Lean Construction Site Planning Procurement Estimating 66

Construction Dive

JUNE 30, 2014

* Cost Estimating* Expert Advice* Lean Construction* Productivity/Inefficiency* Scheduling For the Project Controls portion of the directory, click here.'

Lean Construction 120

Lean Construction Cost Control Estimating 120

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.

Estimating 66

Estimating Lean Construction Cost Control Quality Assurance 66

Job Order Contracting

SEPTEMBER 8, 2023

Defining a credible cost estimate is an important step towards improving construction outcomes. The vast majority of “construction failures”, delays, cost overages, etc., A credible cost estimate is one that has been derived using local market granular information. Learn more here… or ask a question.

Estimating 97

Estimating Construction Equipment Maintenance Lean Construction 97

Job Order Contracting

MARCH 18, 2020

What is LEAN Construction ? LEAN construction spans Planning, Procurement, Project Delivery, and ongoing Operations and Maintenance. via Four BT, LLC (4BT) is the AEC industry’s innovative integrated project delivery, construction cost data, and SAAS technology provider. ” – Henry Ford.

Lean Construction 64

Lean Construction Risk Management Facility Management Project Management 64

Job Order Contracting

FEBRUARY 12, 2020

The early and ongoing integration of People, Process, Information, and Technology can drive optimal repair, renovation, and new construction outcomes. LEAN construction planning, procurement, and project delivery can consistently drive significant improvement over traditional methods.

Lean Construction 66

Lean Construction Integrated Project Delivery (IPD) Procurement Risk Management 66

Job Order Contracting

SEPTEMBER 18, 2023

Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. The estimating process begins with a comprehensive understanding of your project’s scope of work. Costs must be current, objective, and locally reserached.

Estimating 98

Estimating Material Storage Building Standards Building Permits 98

Civil + Structural Engineer

NOVEMBER 7, 2023

Ontario, Canada: COWI , a leading international engineering consulting group, and heavy civil construction organization, Bot Construction Group, approach a critical stage in the cantilever construction of the William Halton Parkway crossing.

Structural Systems 226

Structural Systems Lean Construction Public Works Engineering 226

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate.

Estimating 66

Estimating Integrated Project Delivery (IPD) Procurement Lean Construction 66

Job Order Contracting

SEPTEMBER 8, 2020

Construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build, and the consistent achievement of best value outcomes. Levels of Construction Cost Estimates. The are many levels of construction cost estimates based upon a “project” life-cycle.

Estimating 71

Estimating Procurement Lean Construction Maintenance 71

Job Order Contracting

FEBRUARY 28, 2025

Centralized Timely Construction Cost Data is a “single source of truth” that is mandatory for improving cost visibility and management for any repair, renovation, maintenance, or new build project. contact-form] The post Centralized Timely Construction Cost Data appeared first on 4BT.

Procurement 78

Procurement Lean Construction Risk Management Project Management 78

Job Order Contracting

AUGUST 4, 2023

Many in the public sector are unaware of the construction cost estimating issues caused by the use of national average cost data and location factoring. They are not intended to be used when preparing appropriation-quality estimates. Here’s short summary of those problems noted by independent third parties. Peitlock, B.A.,

Estimating 95

Estimating Project Management Construction Management Maintenance 95

Job Order Contracting

DECEMBER 15, 2021

Job Order Contracting (JOC) has been distorted into a way to simply speed the procurement of repair, renovation, and new build construction, bypassing procurement rigors and doing little to assure mutually beneficial benefit to owners and design-builder or overall efficiency. What LEAN Job Order Contracting? Quantification of impacts.

Contracts 105

Contracts Lean Construction Project Management Consulting Quality Assurance 105

Job Order Contracting

OCTOBER 18, 2019

Innovative suite of tools and services drive LEAN construction deployment. The fundamental concepts of LEAN construction planning, procurement, and project delivery can now be implemented by any real property owners to consistently achieve quality, on-time, and on-budget outcomes. appeared first on 4BT.

Lean Construction 45

Lean Construction Property Management Risk Management Procurement 45

Job Order Contracting

AUGUST 17, 2020

Remove the traditional silos and no longer depend upon inefficient and antagonistic construction delivery methods. Collaborative LEAN Construction Planning Procurement Project Delivery Solution. The post Announcing an Innovative LEAN Construction Planning Procurement Project Delivery Solution appeared first on 4BT.

Lean Construction 52

Lean Construction Procurement Property Management Project Management 52

Job Order Contracting

JUNE 2, 2022

Construction Cost Management = Transparency and Credibility. Is your construction cost estimate… Comprehensive? An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. Variations in an estimate can be found in the basis.

Construction Management 105

Construction Management Lean Construction Estimating General Contracting 105

Job Order Contracting

DECEMBER 14, 2022

They have been set up to simply procure construction/maintenance services faster, and in manner cases without traditional or proper oversight. The benefits of a LEAN JOC Program are significant; however, owners must provide LEADERSHIP, COMMITMENT, and COMPETENCY. How to line-time estimate. How to evaluate contractor proposals.

Contracts 105

Contracts Lean Construction Procurement Estimating 105

Job Order Contracting

MARCH 7, 2025

Accuracy Estimates reflect real, current market conditions , not outdated or averaged data. Better contractor alignment Estimates match how local subcontractors and suppliers bid , reducing disputes. Example: A national database might estimate drywall installation at $1.80 per SF , adjusted by a 1.15

Construction Management 59

Construction Management Cost Control Change Management Estimating 59