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DOI: 10.31274/etd-180810-4339
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A framework for estimating preconstruction service costs at the functional level for highway construction projects

Abstract: Most public agency engineers would place saving projects costs as a prime objective during the project development and delivery process. This paper argues that maximizing cost certainty rather than minimizing project cost is the more appropriate objective. The paper bases this assertion on the analysis of 1,267 projects from four states with a total construction value of $3.14 billion. The study compared the relationship between the design fee expressed as a percentage of estimated construction cost and cost g… Show more

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Cited by 1 publication
(6 citation statements)
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“…However, the consultant still underestimated the number of hours that it would take to complete the project by 23%. Project 2 was an in-house project where the original DOT estimated number of workhours needed to complete the preconstruction phase was significantly less than the actual number of hours needed to complete the pre-construction phase (800 hours vs 2188 hours) which represent a 65% difference [4] . It is important to put those percentages in terms of money.…”
Section: Case Studiesmentioning
confidence: 99%
See 4 more Smart Citations
“…However, the consultant still underestimated the number of hours that it would take to complete the project by 23%. Project 2 was an in-house project where the original DOT estimated number of workhours needed to complete the preconstruction phase was significantly less than the actual number of hours needed to complete the pre-construction phase (800 hours vs 2188 hours) which represent a 65% difference [4] . It is important to put those percentages in terms of money.…”
Section: Case Studiesmentioning
confidence: 99%
“…Table 2, includes the proposed topics and is followed by a description of each topic. According to the NCHRP 15-51 Guidebook [4] , there are other cost estimating approaches to calculate PCS costs. Most (highway transportation) agencies typically use one of the following three methods:…”
Section: Proposed Pcs Curriculummentioning
confidence: 99%
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