Predictive Data for Construction Costs – Facility Management Journal
Traditional forecasting methods were never designed to provide robust forecasts at a micro market level. Predictive data breaks from tradition with an alternative approach.
Blog: Design And Estimating
3 Reasons to Stay Current on Construction Cost Data
When it comes to the planning and estimating stage of a construction project, accurate data is essential to avoiding cost overruns and keeping projects running.
American Society of Professional Estimators
The difference between losing your shirt, and perfect control.
What’s on the Green Horizon for Schools and Universities?
Schools and universities are beginning to utilize green building concepts recognizing that not only is green building beneficial to the environment, but it may also lead to improved student performance.
5 Key Takeaways from A Blueprint for Building a Trusting Relationship Webinar
Five key takeaways from the webinar on how to build a trusting relationship with clients based on past behavior, experience, quality delivered and business practices.
Painless Price Proposal Review: 12 Questions to Ask
Keith Greene has reviewed hundreds of Price Proposals in his 30+ years of experience with Job Order Contracting. He suggests these tips, along with 12 key questions to ask while reviewing to make Price Proposal Review a painless process.
Futuristic Building Trends
Technology resides in a perpetual state of evolution. The most up-to-date technology of the now will inevitably be surpassed, if not tomorrow, then soon. Below is a list of some current technologies that may seem pulled from the pages of science fiction but are in fact very real.
Facility Life Cycle Costs with RSMeans Part 2
Comparison Of Buildings
To illustrate a comparison of buildings, the publicly available dataset was again used to develop 5 life cycle cost models that were created in a similar manner as previously described.
To illustrate a comparison of buildings, the publicly available dataset was again used to develop 5 life cycle cost models that were created in a similar manner as previously described.
Facility Life Cycle Costs with RSMeans Part 1
Life cycle cost analysis is the act of considering the initial, sustainment, and the cost of replacement or disposal over the lifespan of the facility. It is the full measure of a facility’s cost and is instrumental in the comparison of multiple facilities. So how can you estimate, plan, and prepare for a facility’s life cycle costs? How can you easily compare multiple facility’s life cycle costs against each other? What does the geolocation of facility life cycle costs look like and what are the advantages? This article attempts to answer these questions and more using cost data by RSMeans and external resources.
Mark It Up! Getting to a Realistic Bottom Line When Budgetary Estimating
“What are the “appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?”
I get this question a lot from my architect friends when helping them budget their projects through the design process. The answer can get messy considering all the factors that can impact the bottom line. There are many variables to consider. With this blog post I will answer the “markup” question for an average facilities project and try to keep it simple but still useful.
