vault backup: 2025-10-13 16:32:45
This commit is contained in:
Vendored
+5
@@ -4,6 +4,11 @@
|
||||
"type": "file",
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||||
"ctime": 1754398939230,
|
||||
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|
||||
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|
||||
{
|
||||
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|
||||
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|
||||
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|
||||
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|
||||
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|
||||
}
|
||||
Vendored
+2
-1
@@ -11,5 +11,6 @@
|
||||
"quickadd",
|
||||
"obsidian-spaced-repetition",
|
||||
"image-converter",
|
||||
"recent-files-obsidian"
|
||||
"recent-files-obsidian",
|
||||
"obsidian-latex-suite"
|
||||
]
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||||
File diff suppressed because one or more lines are too long
+15605
File diff suppressed because one or more lines are too long
@@ -0,0 +1,11 @@
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||||
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|
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||||
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|
||||
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|
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nesting multiple decorations. */
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|
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+3
-1
@@ -25,7 +25,9 @@
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||||
"#destiny/fleeting"
|
||||
],
|
||||
"noteFoldersToIgnore": [
|
||||
"**/*.excalidraw.md"
|
||||
"**/*.excalidraw.md",
|
||||
"tags.md",
|
||||
"Templates"
|
||||
],
|
||||
"openRandomNote": false,
|
||||
"autoNextNote": false,
|
||||
|
||||
@@ -56,10 +56,10 @@ in areas other than material takeoff.
|
||||
|
||||
Assembly philosophy as applied to coordination
|
||||
is minimizing redundant memorization among participants.
|
||||
|
||||
* In an ideal work breakdown, every estimator would be 100% ignorant of the requirements of others' scopes,
|
||||
thus allowing them to understand their own as well as possible given other constraints.
|
||||
* In practice there is some overlap where scopes meet
|
||||
In an ideal work breakdown,
|
||||
every estimator would be totally ignorant of the requirements of others' scopes,
|
||||
thus allowing them to understand their own as well as possible.
|
||||
In practice there is some overlap where scopes meet
|
||||
|
||||
* Eliminate redundant measurements
|
||||
* Minimize redundant responsibility
|
||||
|
||||
+15
-9
@@ -11,19 +11,25 @@ title: Bid Process Strategy
|
||||
---
|
||||
# Bid Process Strategy
|
||||
|
||||
This note is intended to describe
|
||||
...
|
||||
particularly [[strategy#Auction Theory]],
|
||||
This note is intended to describe bid process strategy
|
||||
especially in terms of [[strategy#Auction Theory]],
|
||||
which specifically addresses the competitive bid format
|
||||
typical of construction project award.
|
||||
|
||||
**Executives** inform **Risk Tolerance**,
|
||||
**Risk Tolerance** informs **Minimum Estimate Certainty**
|
||||
### Outside Factors Influencing Bid Price
|
||||
|
||||
### Bid Strategy
|
||||
#### Expected Competition $\downarrow$
|
||||
|
||||
Project cost certainty
|
||||
Predictably, competition drives price down.
|
||||
|
||||
#### Expected Competition
|
||||
Bidders will accept a lower payout
|
||||
for a greater chance of reward.
|
||||
|
||||
### Estimation Strategy
|
||||
**Competition** drives down **Probability of award**
|
||||
|
||||
#### Backlog Deficit $\downarrow$
|
||||
|
||||
Bidders will accept a lower payout or even a loss
|
||||
in order to retain employees.
|
||||
|
||||
**Backlog Deficit** drives up **Utility of award**
|
||||
|
||||
@@ -2,7 +2,8 @@
|
||||
id:
|
||||
aliases: []
|
||||
tags:
|
||||
- destiny/fleeting
|
||||
- destiny/permanent
|
||||
- status/incomplete
|
||||
- topic/other
|
||||
- type/encyclopedia
|
||||
title: "Birds I've Seen Around Here"
|
||||
|
||||
+3
-3
@@ -119,7 +119,7 @@ either for spec requirements or conduit fill considerations.
|
||||
> [!info] Ohm's Law
|
||||
>
|
||||
> $$
|
||||
> V = I \times R, \quad R = \frac{ V }{ I }, \quad I = \frac{ V }{ R }
|
||||
> V = I \times R, \quad R = \frac{V}{I}, \quad I = \frac{V}{R}
|
||||
> $$
|
||||
|
||||
### Step 1: Effective Impedance $Z$
|
||||
@@ -147,8 +147,8 @@ For $P$ parallel resistances of value $R$
|
||||
$$
|
||||
\begin{align*}
|
||||
\frac{1}{R_{\text{eq}}} &= P \times \left(\frac{1}{R}\right) \\
|
||||
&= \frac{P}{R} \\
|
||||
R_{\text{eq}} &= \frac{R}{P}
|
||||
&= \frac{P}{R} \\
|
||||
R_{\text{eq}} &= \frac{R}{P}
|
||||
\end{align*}
|
||||
$$
|
||||
|
||||
|
||||
@@ -2,9 +2,11 @@
|
||||
id:
|
||||
aliases: []
|
||||
tags:
|
||||
- destiny/permananent
|
||||
- status/incomplete
|
||||
- topic/other
|
||||
- type/encyclopedia
|
||||
title: Default List
|
||||
---
|
||||
# Default List
|
||||
|
||||
|
||||
+13
-8
@@ -18,7 +18,7 @@ for an estimator who is purely interested in improving their skills.
|
||||
|
||||
## Transparency
|
||||
|
||||
Because of the persistent myth of estimate accuracy,
|
||||
Because of the [[purpose-of-construction-estimating#The Myth of Estimate Accuracy]],
|
||||
estimators are highly guarded of their personal processes,
|
||||
because detailed analysis of these processes
|
||||
would reveal that every one of us is a "bad" estimator.
|
||||
@@ -59,7 +59,14 @@ such that any member can independently verify the work of another.
|
||||
This is best enforced with an expectation of collaboration on all projects,
|
||||
even those that could be done by one person.
|
||||
|
||||
## Kaizen
|
||||
## Technicality
|
||||
|
||||
In other industries, estimating is treated appropriately like a data science.
|
||||
In ours, [[gut-feel]] dominates decision making.
|
||||
|
||||
<!-- TODO: -->
|
||||
[[estimator-calibration]]
|
||||
[[ai-in-estimating]]
|
||||
|
||||
* Be competent with every tool available to you.
|
||||
* Always assume there is a better way to complete a given task.
|
||||
@@ -68,10 +75,8 @@ Making estimation more efficient and enjoyable
|
||||
requires a unified effort by estimators
|
||||
to embrace the statistical aspects of our field.
|
||||
|
||||
## Technicality
|
||||
## Incentives
|
||||
|
||||
In other industries, estimating is treated appropriately like a data science.
|
||||
|
||||
[[gut-feel]]
|
||||
[[estimator-calibration]]
|
||||
[[ai-in-estimating]]
|
||||
I strongly oppose any project-based incentive structure for estimators.
|
||||
Such a structure is at odds with the [[purpose-of-construction-estimating]],
|
||||
and is an example of a [perverse incentive](https://en.wikipedia.org/wiki/Perverse_incentive).
|
||||
|
||||
@@ -21,7 +21,7 @@ views:
|
||||
- formula.linkText
|
||||
sort:
|
||||
- property: formula.type
|
||||
direction: ASC
|
||||
direction: DESC
|
||||
- property: file.size
|
||||
direction: DESC
|
||||
columnSize:
|
||||
|
||||
@@ -27,3 +27,12 @@ title: Favorite Quotes
|
||||
> [!quote] Paul Arden
|
||||
> If you get stuck, draw with a different pen.
|
||||
> Change your tools; it may free your thinking.
|
||||
|
||||
## About Incentives
|
||||
|
||||
> [!quote] Charlie Munger
|
||||
> Show me the incentive and I will show you the outcome.
|
||||
|
||||
> [!cite] Goodhart's Law
|
||||
> When a measure becomes a target,
|
||||
> it ceases to be a good measure.
|
||||
|
||||
+8
-2
@@ -26,5 +26,11 @@ such cases quickly reveal every error of assumption made by the estimator.
|
||||
> Moreover, the substitution is invisible to the client,
|
||||
> such that they would have to employ an electrician
|
||||
> to determine whether it had been taken.
|
||||
> Despite this, copper wiring is still a common specification default
|
||||
> because clients care about that sort of thing for some reason.
|
||||
|
||||
Often, such issues are VE'd out of scope before award.
|
||||
|
||||
For some owners, though, money is no object,
|
||||
and standardization is far more important
|
||||
than any potential construction savings.
|
||||
These owners can be expected to decline
|
||||
every value engineering option offered.
|
||||
|
||||
+2
-1
@@ -2,7 +2,8 @@
|
||||
id:
|
||||
aliases: []
|
||||
tags:
|
||||
- destiny/fleeting
|
||||
- destiny/permanent
|
||||
- status/incomplete
|
||||
- topic/risk
|
||||
title: Gut Feel
|
||||
---
|
||||
|
||||
@@ -2,6 +2,8 @@
|
||||
id:
|
||||
aliases: []
|
||||
tags:
|
||||
- destiny/permanent
|
||||
- status/draft
|
||||
- topic/math
|
||||
- topic/risk
|
||||
- type/encyclopedia
|
||||
|
||||
@@ -2,7 +2,10 @@
|
||||
id:
|
||||
aliases: []
|
||||
tags:
|
||||
- destiny/uncertain
|
||||
- status/incomplete
|
||||
- topic/software
|
||||
- type/encyclopedia
|
||||
title: Portable Tools
|
||||
---
|
||||
# Portable Tools
|
||||
|
||||
+20
-16
@@ -2,10 +2,10 @@
|
||||
id:
|
||||
aliases: []
|
||||
tags:
|
||||
- destiny/permanent
|
||||
- occupational
|
||||
- status/draft
|
||||
- type/guide
|
||||
- destiny/permanent
|
||||
- occupational
|
||||
- status/draft
|
||||
- type/guide
|
||||
title: Pre-Takeoff Confirmation
|
||||
---
|
||||
# Pre-Takeoff Confirmation
|
||||
@@ -24,34 +24,38 @@ and the scope included in the bid team's proposed price.
|
||||
> * Drawings: GMP, 2025-09-11
|
||||
> * Project Manual: GMP Specifications, 2025-09-11
|
||||
> * Proposal: 2025-07-03
|
||||
> * Takeoff Stage: **Full Take Off**
|
||||
>
|
||||
> Also, please confirm:
|
||||
>
|
||||
> 1. Are there any variations from the drawings that we need to include in our takeoff?
|
||||
> 2. Any accepted/pending alternates?
|
||||
> 3. We are currently taking off **Full Take Off**.
|
||||
> 4. Feeders/Subfeeds will be per Schedule on drawings (AL +100 A).
|
||||
>
|
||||
> * Feeders -- PVC UG, EMT OH.
|
||||
> * Subfeeds -- MC for metal stud units, SER all other units.
|
||||
> * VD -- As shown for subfeeds, 2% Feeders
|
||||
> Feeders:
|
||||
> * Size per Schedule on drawings (AL +100 A).
|
||||
> * PVC UG, EMT OH.
|
||||
>
|
||||
> Subfeeds:
|
||||
> * MC for metal stud units, SER all other units
|
||||
>
|
||||
> Voltage Drop: As shown for subfeeds, 2% Feeders
|
||||
>
|
||||
> Units:
|
||||
> * Devices -- Standard Duplex/Toggle
|
||||
> * USB Rec -- As shown, plus 1 per bedroom (Type A & C).
|
||||
> * Studs -- Metal in M units, Wood all other locations.
|
||||
> * Telecom -- 30" UDP, CAT6. (use 28" in takeoff)
|
||||
> * Smoke Det -- 120V
|
||||
> * Devices: Standard Duplex/Toggle
|
||||
> * USB Rec's: As shown, plus 1 per bedroom (Type A & C).
|
||||
> * Studs: Metal in M units, Wood all other locations.
|
||||
> * Telecom: 30" UDP, CAT6. (use 28" in takeoff)
|
||||
> * Smoke Detection: 120V
|
||||
>
|
||||
> Fire Alarm:
|
||||
> * Pathways: Free Air
|
||||
> * 2Way: Included
|
||||
> * 2-Way: Included
|
||||
>
|
||||
> Electrical:
|
||||
> * Devices: Decora Amenities, Duplex/Toggle BOH
|
||||
>
|
||||
> Fixtures:
|
||||
> * Cable: LV in Amenity Areas
|
||||
> * Occupancy Sensor: Local
|
||||
> * Occupancy Sensors: Local
|
||||
>
|
||||
> Thank you,
|
||||
|
||||
@@ -11,23 +11,30 @@ title: The Purpose of Construction Estimating
|
||||
# The Purpose of Construction Estimating
|
||||
|
||||
The purpose of [[construction-estimating]] in practice
|
||||
is not to determine the cost of the scope,
|
||||
is not to determine the actual cost of the scope,
|
||||
which would take far longer than allotted for bid,
|
||||
|
||||
## For the Solicitor
|
||||
## The Myth of Estimate Accuracy
|
||||
|
||||
* Determine feasibility of functional requirements
|
||||
<!-- TODO: -->
|
||||
|
||||
> [!info] Type 2 Owners
|
||||
> For some owners, money is no object,
|
||||
> and standardization is far more important
|
||||
> than any potential construction savings.
|
||||
>
|
||||
> These owners can be expected to decline
|
||||
> every [[value-engineering]] option offered
|
||||
> (see [[gold-plating]]).
|
||||
**Bid estimates are not intended to be accurate _individually_.**
|
||||
|
||||
## For the Contractor
|
||||
This is a dangerous superstition
|
||||
which encourages unproductive conflict.
|
||||
|
||||
Operations is blamed for failing to meet targets
|
||||
not intended for the purpose,
|
||||
...
|
||||
|
||||
## For Each Party
|
||||
|
||||
### For the Solicitor
|
||||
|
||||
* Determine feasibility of functional requirements.
|
||||
(see [[gold-plating]])
|
||||
|
||||
### For the Contractor
|
||||
|
||||
* Make profit to meet growth target
|
||||
* Secure work for current and projected employees (fill backlog)
|
||||
@@ -39,7 +46,7 @@ which would take far longer than allotted for bid,
|
||||
> of measuring operational success by negative overrun,
|
||||
> as it is incompatible with the preferable target of estimate certainty.
|
||||
|
||||
### The Role of the Estimator
|
||||
#### The Role of the Estimator
|
||||
|
||||
The role of the estimator
|
||||
is to model the potential cost distribution of the project,
|
||||
@@ -48,7 +55,7 @@ taking actions to reduce the model's uncertainty.
|
||||
The effect of estimating methods can be represented as $d\sigma$,
|
||||
thus efficiency is $\frac{d\sigma}{dt}$.
|
||||
|
||||
### The Role of the Executive
|
||||
#### The Role of the Executive
|
||||
|
||||
The role of the executive is to allocate profit and contingency
|
||||
according to the potential cost distribution
|
||||
|
||||
+15
-2
@@ -31,8 +31,8 @@ are made with a game-theoretic lens.
|
||||
|
||||
### Dominant Strategy
|
||||
|
||||
The dominant strategy is the course of action
|
||||
that results in the best outcome
|
||||
A dominant strategy is one
|
||||
that results in the better outcome.
|
||||
|
||||
### "Solved" Games
|
||||
|
||||
@@ -43,3 +43,16 @@ that results in the best outcome
|
||||
Auction theory is a subset of game theory
|
||||
|
||||
<!-- TODO: -->
|
||||
|
||||
#### Reverse Auction
|
||||
|
||||
In a reverse auction,
|
||||
bidders compete for the right to _sell_ a product or service.
|
||||
|
||||
#### Sealed-Bid Auction
|
||||
|
||||
Opposite of a conventional "open" auction,
|
||||
in a sealed-bid auction,
|
||||
bid prices are hidden from the bidders.
|
||||
|
||||
<!-- TODO: -->
|
||||
|
||||
Reference in New Issue
Block a user