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. CORE PRINCIPLES.

Estimating 92

Estimating Lean Construction General Contracting Procurement 92

Job Order Contracting

MAY 24, 2023

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

Estimating 88

Estimating Material Handling Schedule Management Change Management 88

Job Order Contracting

MARCH 30, 2022

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

Estimating 100

Estimating Cost Control Lean Construction Building Performance Measurement 100

Job Order Contracting

APRIL 26, 2022

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. Contact Us.

Estimating 96

Estimating Procurement Foundation Systems Insurance Management 96

Job Order Contracting

AUGUST 3, 2022

Accuracy is a very common term used in describing the primary attribute required in construction cost estimates. The use of the term accuracy in concert with a construction cost estimate is questionable is questionable at best but is sheer lunacy if the standard is the final construction cost! – Oxford Languages.

Estimating 82

Estimating Change Management Procurement Project Management 82

Civil + Structural Engineer

APRIL 25, 2023

The latest research from McKinsey & Company (McKinsey ) emphasizes that procurement in construction companies will play a pivotal role as they navigate uncertainty and aim for sustainability targets. The insights come as McKinsey publishes its latest report: The strategic era of procurement in construction.

Procurement 130

Procurement Sustainability Building Materials Project Management 130

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 88

Estimating Structural Systems Schedule Management Risk Management 88

CCR Magazine

AUGUST 7, 2024

CFC Construction is thrilled to announce the promotion of Josh Thall to Director of Procurement. With that project nearing completion, CFC leadership is confident the time is right to give Josh the reins on CFC’s procurement activities. We bring a true field-first focus, providing the right solutions to get your buildings built.

Procurement 52

Procurement Project Management Green Building Construction Management 52

Job Order Contracting

AUGUST 15, 2023

Public Sector Construction Procurement is BROKEN. Each and every day the procurement of facilities repair, renovation, maintenance, and new construction services occurs without any current, objective, verifiable cost information. This activity is in direct violation of the fiducicary responsibility of public sector organizations.

Procurement 52

Procurement Estimating Maintenance Collaboration 52

Job Order Contracting

MARCH 3, 2022

Savvy owners and design builders know how review construction cost estimates. The process is collaborative and involves cost estimators, facilities management, and procurement professionals. The post How to Review Construction Cost Estimates appeared first on 4BT.

Estimating 85

Estimating Construction Equipment Facility Management Procurement 85

Construction Law

DECEMBER 1, 2020

The UK’s poor procurement practices are highlighted yet again by the news that the £19bn Crossrail project can’t be completed with the money available to the project. Another chapter in the long history of analysing why the UK’s procurement practices are so poor has just been produced by the National Audit Office (see News).

Procurement 52

Procurement Estimating Schedule Management Government Works 52

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.

Estimating 81

Estimating Material Storage Building Standards Construction Equipment 81

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 79

Estimating Cost Control Project Management Consulting Construction Equipment 79

CCR Magazine

JANUARY 14, 2024

He has served as Project Controls Manager, Chief Estimator, Senior Manager, and Project Manager for a variety of infrastructure projects. Levels of contamination range from Non Hazardous to Hazardous including Low Level Rad, Mixed Waste, and Materials of Explosive Concern.

Estimating 52

Estimating Quality Control Schedule Management Cost Control 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 67

Estimating Procurement Construction Equipment Lean Construction 67

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.

Procurement 87

Procurement Lean Construction Change Management Project Management 87

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 58

Estimating Collaboration Integrated Project Delivery (IPD) Lean Construction 58

Construction Enquirer

JUNE 16, 2023

The Government has blocked an attempt to amend the planned Procurement Bill to include mandatory project bank accounts for all jobs valued at over £2m. Abrahams MP said: “Small businesses are the backbone of the economy.

Procurement 288

Procurement Contracts Estimating 288

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. A locally researched detailed line item construction cost estimating database plays a key role in this regards.

Estimating 60

Estimating Lean Construction Procurement Schedule Management 60

Job Order Contracting

FEBRUARY 10, 2021

Collaborative Construction Procurement Planning and Project Delivery is a robust process for consistently achieving long-term best value for all participants and stakeholders. Tools and services should be procured to support owner requirements. Collaborative Construction Procurement Planning Drives Best Value Outcomes.

Procurement 85

Procurement Collaboration Project Management Consulting Building Information Modeling (BIM) 85

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 60

Estimating Procurement Lean Construction Maintenance 60

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. Digital data lends itself to analytics.

Estimating 52

Estimating Budgeting General Contracting Insurance Management 52

Job Order Contracting

AUGUST 17, 2020

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. Remove the traditional silos and no longer depend upon inefficient and antagonistic construction delivery methods.

Lean Construction 59

Lean Construction Procurement Property Management Project Management 59

Job Order Contracting

JULY 22, 2020

Adaptive Lean Construction Planning, Procurement, and Project Delivery tools and services are readily available to assure the consistent delivery of quality repair, renovation, maintenance, and new construction projects on-time and on-budget. Recognition and leverage of the expertise of those actually doing the work is the norm.

Procurement 59

Procurement Lean Construction Property Management Project Management 59

Job Order Contracting

JANUARY 21, 2020

Value-based construction planning, procurement, and project delivery can consistently enable quality projects, on-time and on-budget. PROCESS – LEAN planning, procure, and project delivery is a requirement. The post Value-based Construction Planning, Procurement, and Project Delivery appeared first on 4BT.

Integrated Project Delivery (IPD) 62

Integrated Project Delivery (IPD) Procurement Lean Construction Project Management 62

PN - Project Management

AUGUST 15, 2022

This article offers insight on the top reasons to add new estimating software to your construction company. Benefits of estimating software ​ Better Overall Construction Job Planning The top reason to add construction estimating software to your repertoire of internal tools is that it helps you see the big picture.

Estimating 52

Estimating Cost Control Project Management Budgeting 52

Job Order Contracting

SEPTEMBER 30, 2021

Efficient and best management practice construction cost estimating, and ongoing construction project/program management involve early and ongoing planning, and the collaborative and competent involvement of all construction project participants and stakeholders. The post The Construction Cost Estimate ACCURACY Myth appeared first on 4BT.

Estimating 40

Estimating Schedule Management Property Management Project Management 40

Job Order Contracting

AUGUST 17, 2020

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

Lean Construction 52

Lean Construction Procurement Property Management Project Management 52

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Currently available robust LEAN construction estimating, procurement, and delivery processes, services, and tools, make it possible to consistently deliver quality projects on-demand, on-budget, and on-time.

Lean Construction 52

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

Job Order Contracting

MAY 3, 2020

Improving construction planning, procurement, and project delivery involves consideration of core “competencies”, “process”, “efficiency”, and “technology” Or, put another way, People, Process, Information, and Technology. BIM is not a solution, but a tool. ” Henry Ford.

Procurement 60

Procurement Lean Construction Building Performance Measurement Project Management 60

Construction Enquirer

JULY 17, 2023

The Construction Delivery Partner (CDP) frameworks now out to bid will form the design and build delivery runway within the new procurement model. Works will cover complex capital projects from £5m-£100m and have been split into two lots.

Ramps 214

Ramps Building Design Procurement Estimating 214

Job Order Contracting

FEBRUARY 27, 2020

Best Value Facilities Construction/O&M Planning, Procurement and Project Delivery can only be achieved with a concerted focus upon change management, education, and leadership. The post Best Value Facilities Construction/O&M Planning, Procurement and Project Delivery appeared first on 4BT.

Procurement 60

Procurement Lean Construction Facility Management Change Management 60

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. Failure to adapt to readily available, proven and robust cost estimating practices.

Lean Construction 46

Lean Construction Estimating Cost Control Property Management 46

Construction Enquirer

MAY 24, 2023

Procurement body Fusion21 has awarded 61 firms spots on its national refurbishment, construction, new build and modular buildings framework. The four-year deal is estimated to be worth £305m and has been developed to support public sector organisations, including housing, education, and healthcare providers to deliver construction programmes.

Modular Construction 201

Modular Construction Property Management Procurement Painting/finishing 201

Job Order Contracting

MAY 5, 2023

That said 80%+ of all projects are late or overbudget largely due to an inadequately detailed and poorly communicated Scope of Work (SOW) and associated cost estimate. Questions every real property should ask before procuring a repair, renovation, maintenance, or new build service. #1 1 Can I objectively validate the cost estimate? #2

Construction Management 84

Construction Management Estimating Procurement Change Management 84

Construction Enquirer

JUNE 7, 2023

Twenty-four contractors have secured places on procurement group NEPO’s next-generation construction framework. The refreshed construction framework for councils and public bodies in the north east is estimated to be worth around £800m.

Public Works 190

Public Works Infrastructure Development Procurement Estimating 190