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! That is a known standard/datum.

Estimating 83

Estimating Change Management Procurement Project Management 83

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

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 97

Estimating Procurement Foundation Systems Insurance Management 97

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.

Project Management 90

Project Management Construction Management Building Information Modeling (BIM) Risk Management 90

CCR Magazine

AUGUST 7, 2024

CFC Construction is thrilled to announce the promotion of Josh Thall to Director of Procurement. Thall’s new role will bridge the gap between business development, preconstruction, and operations, helping to ensure that CFC’s bidding and planning activities are in alignment with how each project will be bought, staffed, and built.

Procurement 52

Procurement Project Management Green Building Construction Management 52

Job Order Contracting

NOVEMBER 17, 2024

Active Construction Cost Management is important to any repair, renovation, maintenance, or new build activity. Questions every real property owners should ask before procuring a repair, renovation, maintenance, or new build service. #1 1 Can I objectively validate the cost estimate? #2 2 Is the cost estimate objective? #3

Construction Management 86

Construction Management Estimating Procurement Change Management 86

Job Order Contracting

OCTOBER 6, 2022

Public Sector Facilities Project Cost Management is required to address traditionally elevated levels of economic and environmental waste. The good news is that robust solutions are readily available to enable the consistent delivery of quality repair, renovation, maintenance, and new construction projects on time and on budget.

Facility Management 89

Facility Management Project Management Building Performance Measurement Change Management 89

BDC Network

SEPTEMBER 26, 2024

The Benefits of Construction Project Portfolio Management 1 kcichowicz Thu, 09/26/2024 - 09:45 In project-driven organizations, high performance means delivering the right projects, on time and on budget. 69% of them have integrated their project management systems with multiple tools for projects and portfolios.

Project Management 52

Project Management Construction Management Schedule Management Cost Control 52

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 89

Estimating Structural Systems Schedule Management Risk Management 89

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 86

Estimating Construction Equipment Facility Management Procurement 86

Job Order Contracting

NOVEMBER 15, 2022

Isn’t it time you truly MANAGE Construction, Repair, and Renovation projects? Robust processes, workflows, tools, and services exist to enable the consistent delivery of quality projects on time and on budget. At the core of these robust processes is a locally researched detailed unit price cost book. Learn more?

Project Management 81

Project Management Construction Management Procurement Communication 81

CCR Magazine

JANUARY 14, 2024

Also included is Field Surveillance of in-process construction activities, site inspections, maintenance of construction schedules, and construction management. Special emphasis on Lightrail installation, Telcom (design, build, commission), Environmental and Infrastructure, including water and wastewater(Hazardous and Non Hazardous) projects.

Estimating 52

Estimating Quality Control Schedule Management Cost Control 52

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

CCR Magazine

JUNE 26, 2024

Time management and proper scheduling are essential for construction projects to be completed within set time and budget frames. In this article, the author seeks to address some of the key measures and standards that should be adopted by construction managers and contractors to enhance scheduling.

Schedule Management 52

Schedule Management Project Management Construction Management Risk Management 52

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 80

Estimating Cost Control Project Management Consulting Construction Equipment 80

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. All projects follow a core programmatic process. Owners and design-builders define and work toward mutually beneficial outcomes. contact-form].

Procurement 88

Procurement Lean Construction Change Management Project Management 88

CCR Magazine

JULY 18, 2024

Project management plays an important role in cost control and profitability of construction companies since it influences the cash flow of the business. Regardless of how low such direct costs may be, they can make a significant difference when added up over numerous projects.

Project Management 52

Project Management Construction Management Schedule Management Project Management Consulting 52

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. Workflows, forms, sign offs, etc.

Estimating 58

Estimating Collaboration Integrated Project Delivery (IPD) Lean Construction 58

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

MAY 25, 2020

Early planning, design, and procurement stages influence cost, timing, quality, and overall repair, renovation, maintenance and new builds, and are critical to achieving optimal outcomes. The latter are fundamental to verifying contractor quotes and creating internal government estimates (IGEs).

Procurement 86

Procurement Lean Construction Facility Management Building Optimization 86

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. By integrating budgets, expenses, and resources, it gives a full view of project finances.

Architecture 105

Architecture Risk Management Cost Control Material Handling 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 68

Estimating Procurement Construction Equipment Lean Construction 68

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. Owner Leadership : Owners must provide technical and management leadership. Tools and services should be procured to support owner requirements.

Procurement 86

Procurement Collaboration Project Management Consulting Building Information Modeling (BIM) 86

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

NOVEMBER 16, 2024

The underutilization of robust construction cost management methods continue to drive high levels of waste across virtually all public sector organizations. Both data and tools are readily available to align and optimize owner, design-builder, and facilities management teams.

Construction Management 81

Construction Management Facility Management Construction Equipment Project Management 81

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. Learn more?

Lean Construction 59

Lean Construction Procurement Property Management Project Management 59

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

Construction Enquirer

MAY 15, 2023

Health chiefs are looking to appoint four main supply chain contract partners for an estimated £600m pipeline of work over four years. Separate professional team contests are also starting under the suite of NHS Building for Wales 2 Frameworks to find four project managers, four cost consultants, and three NEC supervisors.

Project Management Consulting 186

Project Management Consulting Project Management Procurement Contracts 186

PN - Project Management

MAY 29, 2023

"Effective project management is the backbone of any successful construction endeavor." ​Picture this: a bustling construction site, a symphony of hard hats, and heavy machinery. Behind the scenes, construction project management's a crucial element in orchestrating this complex operation.

Project Management 52

Project Management Construction Management Risk Management Property Management 52

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.

Procurement 59

Procurement Lean Construction Property Management Project Management 59

Job Order Contracting

JULY 16, 2023

Reinforce detail unit line-item construction cost estimating today with CURRENT LOCAL MARKET DATA. Cost visibility and transparency are critical to overall project success. Our verifiable cost data technology can be leveraged to equip estimators at any design stage – from concept through close out.

Estimating 40

Estimating Construction Equipment Collaboration Procurement 40

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

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.

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 appeared first on 4BT. Remove the traditional silos and no longer depend upon inefficient and antagonistic construction delivery methods.

Lean Construction 52

Lean Construction Procurement Property Management Project Management 52

Job Order Contracting

MAY 5, 2023

Construction cost management capabilities are critical to the success of any repair, renovation, maintenance, or new build activity. 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. contact-form] www.4bt.us

Construction Management 85

Construction Management Estimating Procurement Change Management 85

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 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. ” Henry Ford. ” Henry Ford.

Procurement 60

Procurement Lean Construction Building Performance Measurement Project Management 60