Introduction – 2021 Facilities Repair Renovation and New Construction Cost Management spans multiple principles, practices, domains, and more.
The consistent achievement of best value quality, cost, and schedule outcomes requires the strategic and tactical integration of planning, procurement, and project delivery in concert with the core organizational mission.
With appropriate levels of owner leadership and competency and currently available tools and support services efficient facilities repair, renovation, maintenance, and new construction (life-cycle management) can be achieved.
Integrating in-house and contracted resources to achieve optimal outcomes requires a full understanding of expected deliverables and associated strategies and workflows, in addition to a fully skilled and dedicated team.
Integrated cost and quality management – An integrated cost management process can be established and consistently followed throughout the project planning, planning, and execution when fundamental principles, systems, behaviors, and expectations are defined and supported by a multi-party, long-term, mutually beneficial agreement, associated operations manual/execution guide, and enabling technology.
All of the above are available within integrated project delivery (IPD) and LEAN job order contracting (LEAN JOC) frameworks and enabling solution sets. These environments, when properly deployed and managed, drive unparalleled levels of efficiency quality. Studies have noted that ninety percent of associated projects can be deployed on-time, on-budget, and to the satisfaction of all participants and stakeholders. This is a clear improvement over the decades long running average level of only 10%-20% of all projects being deployed on-time or on-budget.
A cohesive, efficient, and fully transparent set of principles, policies, procedures, workflows, and a corresponding common data environment (CDE) area foundational elements of both IPD and LEAN JOC. An outline of these and additional components of these proven frameworks is provided below.
- Early and ongoing collaboration of all participants and stakeholders.
- Real property owner leadership, commitment, and competency
- Long-term mutually beneficial, performance-based, multi-party contracts
- Written operations manuals or execution guide as a component of the associated contract
- Common data environment – shared terms and definitions as well as detailed line item, locally-researched unit price cost data
- Program-centric focus in lieu of project-focus
- Best value selection in lieu of low bid or first cost dominance
- Defined workflows and decision-support processes
- Global oversight with empowerment of local, on-site decision-making
- Enabling technology integrating planning, procurement, and project delivery (Program Management, Contract Management, Project Management, Proposal/Bid Management, Estimate Management, Document Management-inclusive of version control, Workflow Management, Work Order Management.
via 4bt.us