Construction cost estimate and strong project delivery methods play a vital role for well-organized facility design, project delivery, restore, reformation, sustainability, planning function.
True BIM and well-organized facility life-cycle management is complement to each other. In order to maintain True BIM and well-organized facility life-cycle management, the following points should be considered :
Make efficient Collaboration by relating all project stakeholders that range from Owners, AE’s, Contractors, Oversight Groups, Community etc.
Get proper access to cost information, and related comparison with autonomous third-party cost database provided by RSMeans Construction Cost Data.
Accurate allowances in support of local conditions that range from geographic, weather, production of labor, security.
Application of reliable format and jargon with the utilization of a standard set of terms and data architectures like Uniformat, Masterformat,and Omniclass.
Utilization of metrics and benchmarks involving time, exactness, conditions, cost.
Formation of a concentrated procedures and business “best-practices” highlighting constant development.
Application of proper level of technology to facilitate sound productivity, collaboration, security, audit trail.
Thorough understanding on the influence of the construction cost delivery method upon construction costs and life-cycle costs highlighting design-bid-build, CM@Risk, design-build, job order contracting, integrated project delivery.
Get acquainted with various “levels” of construction cost estimating, cost engineering, and their accurateness. This may range from square Foot / conceptual / building level construction cost estimating, assembly / system Level Construction cost Estimating, unit line item construction cost estimating.
Basic knowledge of total cost of ownership and facility Life-cycle Management that include physical and functional conditions, operations, sustainability, reconstruction, repair, well-organized project delivery methods (IPD-Integrated Project Delivey, JOC – Job Order Contracting)