budgeting

DOES BIM OFFER A BETTER APPROACH TO GUARANTEE A RELIABLE, ACCURATE, AND PRECISE COST ESTIMATE?

"DOES BIM OFFER A BETTER APPROACH TO GUARANTEE A RELIABLE, ACCURATE, AND PRECISE COST ESTIMATE?" by Piero Anticona

Abstract: Building Information Modeling (BIM) uses on Integrated Project Delivery (IPD) approach, a collaborative and participative method with stakeholders in early stages of the project; this should be a significant differentiator comparing with TCM, GPC, and GAO which use a traditional Project Delivery approach.

BEST PROCESS MAP FOR OBTAINING THE OPTIMUM VALUE FOR A FUTURE INVESTMENT

"BEST PROCESS MAP FOR OBTAINING THE OPTIMUM VALUE FOR A FUTURE INVESTMENT" by Piero Anticona

Abstract: Investors always look for the optimum return of the capital invested. They still run feasibility studies to determine which is the best alternative among different projects that offer the best IRR, VPN, ROI, ROCE, or other financial scoring models.

Some projects or programs get rejected because of the value of the alternative chosen is high, and sometimes the process for estimating and budgeting does not obtain the optimum result.

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