Remove Books Remove Change Management Remove Estimating
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Cost reliability and transparency in your Construction Estimating Process

Job Order Contracting

Remember: Striving for construction cost reliability and transparency in your construction estimating process, rather than absolute accuracy, will lead to more effective project management and ultimately, better results. Regularly update your cost data, quarterly is recommended, and monitor trends to ensure appropriate changes.

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FAST and RELIABLE Cost Estimates

Job Order Contracting

Finally, FAST and RELIABLE Cost Estimates for construction, renovation, repair, and maintenance are now possible with 4BT’s local market detailed cost data! Support LEAN and Value Management Principles: Enable waste reduction, value generation, and continuous improvement by providing verifiable and actionable data.

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Valid Construction Cost Estimate Creation

Job Order Contracting

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.

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Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The best source of information for “construction” IGEs is a locally researched detailed unit price book. FAR 36.203. FAR 2.101 and 13.000.

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JOC Program Line-item Estimating

Job Order Contracting

Cost management involves different risks for all the parties involved, which highlights the need to manage risks properly. NEVER accept a lump sum estimate for a workorder/project without a full detailed line-item estimate and review of line-times and quantities. Fully audit cost estimate and actual cost information.

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A Relationship-based Approach to Sustainable Facilities Management

Job Order Contracting

A Relationship-based Approach to Sustainable Facilities Management is needed to meet current and emerging economic and environmental requirements. Asset/Component Management. Automated Estimate Comparison. Bid Management. Building/Site/Location Management. Change Order Management. Contract Management.

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What Really Drives Directional Drilling Costs? 5 Key Factors to Track

PN - Project Management

Even within a single alignment, conditions can change every few feet, so continuous monitoring is essential. Tight access also affects crew safety and may force a different rig orientation, which in turn changes bend radius calculations. Change one and costs ripple through the rest. Sand cuts fast but collapses.