NCHRP Project 8-49

Procedures for Cost Estimation and Management

for Highway Projects During Planning,Programming, and Preconstruction

Draft Guidebook

November 4, 2005

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

Team Organization

K eith M olen a ar, P h DC o-P rin cip a l In ves tig a to r-

-

C olle c t B e st P rac tic es fo r C os t E stim at ion M ana ge m e n tId en t ify, D e velop , an d

R ec om m e nd S tra teg ies, M e tho ds, Too ls

C liff S c h ex n a yd er, P h D , P EC on su ltan t a n d In ter fac ew ith T C R P P roje ct G -07-C olle c t B e st P rac tic es fo r C o st E stim a tin g P roc edu res-Iden tify , D ev elo p a nd R ec om m e nd S tra teg ies, M e tho ds, Too ls

R eview an d I m p lem en ta tio n Tea mTed F e rra gu t , M ich ae l M eye r,G reg H e nk , D w ig h t S a ngrey-C rit ica l R ev iew o f Starte g ie s, M e tho ds, Too ls-A ss ist w ith Im p lem en ta tion P la n

Stu a rt A n d e rso n , P h D , P EP r in cip a l I n v est iga tor-M an ag e O vera ll R e sea rch-M an ag e S tra teg ies , M ethod s, a nd Too l D ev elo pm en t-M an ag e G u id eline D e velo pm en t

Phase I Research Tasks

Phase I Literature

Identification of cost escalation factors Transportation sector lacks published

estimating methods and tools More non-transportation methods and tools

Project Web Sitehttp://construction.colorado.edu/NCHRP8-49

–Project Information–Library–Useful Links

P ro jec t D eve lopm en tP hases

Strategies, M ethods,and Tools Congruent w ithProject Phase andProject Com plexity.

Stra teg ies,M ethods ,

andToo ls

Interaction between strategies, methods, & tools, project

development phases, and project complexity

Three Dimensions

Flow of strategies, methods and tools

Guidebook LayoutExecutive SummaryChapter 1 – IntroductionChapter 2 – Agency Cost Estimating and Cost

Estimating Management ProcessesChapter 3 – Factors and StrategiesChapter 4 – Guidebook FrameworkChapter 5 – Guide for Planning PhaseChapter 6 – Guide for Programming and Advanced

Planning/Preliminary Design PhaseChapter 7 – Guide for Final Design PhaseChapter 8 – Implementation IssuesChapter 9 – Path ForwardAppendix A – Tools

Key Points

Guidebook Focus – cost escalation Concept – strategies, methods, and

tools Intent – not a “how to” procedures

manual Status – working draft