The Importance of Standardized Cost Data to Efficient Construction Delivery


Standardized Cost Data Drive Efficient Project Delivery

The ability to accurately communicate detailed cost data and associated tasks from concept through construction, repair, maintenance, and renovation is critical to efficient life-cycle management for the built environment.

Despite this fundamental fact, construction cost data is rarely communicated in a standardized format that is easily understood by all parties…  architects, engineers, contractors, owners, and building users.

The simple truth is that without detailed line time descriptions of construction task and requirements, communicate in plain English, is it impossible to collaboratively communicate and fully understand budget needs.

standardized construction cost data

Multiple factors impact renovation, repair, maintenance, sustainability, and new construction budgets:

  1. Productivity
  2. Labor
  3. Location
  4. Materials
  5. Project Size
  6. Materials
  7. Time
  8. Site Factors
  9. Construction Delivery Method
  10. ….

standardized cost data

 

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