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Procedures Guide for Right-of-Way Cost Estimation and Cost Management (2009) / Chapter Skim
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Pages 180-184

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From page 180...
... . NCHRP Report 574: Guidance for Cost Estimation and Management for Highway Projects During Planning, Programming, and Preconstruction, TRB.
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From page 181...
... Estimates LONG RANGE PLAN PL AN NI NG COST ESTIMATING AND COST ESTIMATING MANAGEMENT Transportation Need Development Process Needs/ Deficiencies Input Step Database Document Milestone Ph as e Legend Prioritization Loop To Project Development Process Figure C-1. Cost estimation practice and cost estimation management during planning (NCHRP Project 8-49, Phase I)
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From page 182...
... Review Total Cost Estimate Input from Disciplines Market Conditions Baseline Estimate Project Scoping 5-25% Design Project Complexity Obtain Appropriate Approvals Communicate Approval Macro Environment Project Estimate D ES IG N STIP Project Development Process PR O G RA M M IN G (P reDe sig n) Legend Decision COST ESTIMATING AND COST ESTIMATING MANAGEMENT To Final Design Traffic Roadway Structures ROW / RES Environmental Construction Utilities Historical Data Input from 3rd Parties Input Step Database Document Milestone Figure C-2.
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From page 183...
... YES Figure C-3. Cost estimation practice and cost estimate management during preliminary design (NCHRP Project 8-49, Phase I)
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From page 184...
... Appendix C C-5 Figure C-4. Cost estimating and cost estimation management during final design (NCHRP Project 8-49, Phase I)
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Key Terms

  • cost estimate
  • project development
  • cost estimation
  • cost estimates
  • base estimate

  • cost estimating
  • estimate basis
  • preliminary design
  • nchrp report
  • final design

  • estimate management
  • baseline estimate
  • project complexity
  • estimation management
  • update estimate

  • risk analysis
  • highway projects
  • development phases
  • nchrp project
  • estimating management

  • set contingency
  • estimation practice
  • total cost
  • development phase
  • mate management

  • market conditions


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