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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.
99 
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.
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.
Job Order Contracting
JUNE 1, 2022
Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool.
90 
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.
98 
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.
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.
59 
Job Order Contracting
OCTOBER 26, 2024
Better Tools are now availalble for construction estimators to drive significantly improved contruction cost visibility. This visibility is crucial for Lean construction, as it enhances cost transparency, enabling better planning, accountability, and more precise cost control.
68 
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?
92 
Construction Dive
JUNE 30, 2014
* Cost Estimating* Expert Advice* Lean Construction* Productivity/Inefficiency* Scheduling For the Project Controls portion of the directory, click here.'
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”.
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.
81 
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.
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.
86 
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 ).
60 
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.
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.
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.
67 
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 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.
58 
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.
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.
79 
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.
59 
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.
72 
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.
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.
80 
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.
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.
73 
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.
60 
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.
62 
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.
Job Order Contracting
APRIL 25, 2022
Getting the most out of available funds requires LEAN Job Order Contracting. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are. The post LEAN Job Order Contracting – Getting the most out of available funds appeared first on 4BT.
95 
Job Order Contracting
JUNE 13, 2019
An innovative, yet proven method of construction services planning, procurement, and project delivery is gaining traction with owners who require consistent quality repair, renovation, and construction services that are both on-time, and on-budget. Learn more… The post Innovative LEAN Construction Tools appeared first on 4BT.
Job Order Contracting
JULY 6, 2021
Kuwait Job Order Contracting market size and facilities management market size for repair, renovation, and new construction. The Kuwait facilities management sector is estimated at over $1.2B via Four BT, LLC – Best value job order contracting and lean construction planning, procurement, and project delivery solutions.
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.
87 
Job Order Contracting
MAY 1, 2019
LEAN Construction versus Black Belts. ?Search Search “LEAN Construction” in Google and you will get over 11 million hits. Furthermore, LEAN didn’t begin with Toyota, but rather with Henry Ford. AECOO – Architecture, Engineering, Construction, Owner, Operator).
Job Order Contracting
FEBRUARY 20, 2019
LEAN Construction Project Delivery. Any real public sector real property owner can efficiently and consistently procure and execute quality repair, renovation, and construction projects using the appropriate processes and tools. contact-form-7] The post LEAN Construction Project Delivery Toolkit appeared first on 4BT.
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.
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.
86 
Job Order Contracting
AUGUST 20, 2019
B est practice, consistent, and efficient construction cost estimating should consider Owner, Builder, and AE requirements. Detailed line item construction cost estimating optimally communicates scope of work while providing full financial transparency and visibility. Here’s a shortlist for your consideration and comment.
46 
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.,
68 
Building Information Management
AUGUST 15, 2013
Hard to believe…perhaps to some… but many /most of us in the Architecture, Construction, Owners, Operations sector still don’t know how to define BIM. If you can’t see the whole picture… you can’t appreciate BIM. QTO, and an exclusively enhanced 400,000 line itme RSMeans Cost database.
Job Order Contracting
NOVEMBER 25, 2018
Collaborative LEAN Job Order Contacting (TM) requires significant change management, learning, and leadership. The results, consistent on-demand, on-time, on-budget, quality construction are well worth the effort. Line Item Estimating. 4BT training comes in all forms and levels, introductory to advanced, on-site to virtual.
Job Order Contracting
JULY 17, 2018
The value of LEAN construction is it’s ability to consistently deliver 90%+ of repair, renovation, and new construction projects on-time, on-budget, and to the satisfaction of all participants and stakeholders. Job Order Contracting, JOC, for repair, renovation, and minor new construction. must be maintained.
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