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Draft Guidebook November 4, 2005

NCHRP Project 8-49 Procedures for Cost Estimation and Management for Highway Projects During Planning, Programming, and Preconstruction. Draft Guidebook November 4, 2005. Research Objective.

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Draft Guidebook November 4, 2005

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  1. NCHRP Project 8-49Procedures for Cost Estimation and Managementfor Highway Projects During Planning,Programming, and Preconstruction Draft Guidebook November 4, 2005

  2. Research Objective To develop a guidebook on highway costestimating management and project cost estimating procedures aimed at achieving greater consistency and accuracy between long-range transportation planning, priority programming, and preconstruction estimates.

  3. Team Organization

  4. Phase I Research Tasks

  5. Phase I • Literature • Identification of cost escalation factors • Transportation sector lacks published estimating methods and tools • More non-transportation methods and tools Project Web Site • http://construction.colorado.edu/NCHRP8-49 • Project Information • Library • Useful Links

  6. Three Dimensions Interaction between strategies, methods, & tools, project development phases, and project complexity

  7. Flow of strategies, methods and tools

  8. Guidebook Layout Executive Summary Chapter 1 – Introduction Chapter 2 – Agency Cost Estimating and Cost Estimating Management Processes Chapter 3 – Factors and Strategies Chapter 4 – Guidebook Framework Chapter 5 – Guide for Planning Phase Chapter 6 – Guide for Programming and Advanced Planning/Preliminary Design Phase Chapter 7 – Guide for Final Design Phase Chapter 8 – Implementation Issues Chapter 9 – Path Forward Appendix A – Tools

  9. Key Points • Guidebook • Focus – cost escalation • Concept – strategies, methods, and tools • Intent – not a “how to” procedures manual • Status – working draft

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