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Table Of Contents

Purpose
Defnitions
Cost Estimating Process
Determine Estimate Basis
Prepare Base Estimate
Review Base Estimate
Determine Risks and Set Contingency
Determine Estimate Communication Approach
Conduct Independent Review and Obtain Management Endorsement
Cost Estimating Methodology
Cost Estimating and Project Development Level
1. Planning
Planning
Scoping
Design
PS&E
Cost Estimate Training
Documentation/Basis of Estimate
Techniques
Basis of Estimate (BOE)
Level of Detail in the Basis of Estimate
Cost Estimating Data
Specialty Groups
Bridges, Nonstandard Retaining Walls, and Structures
Right of Way
Environmental
Utilities
Preliminary Engineering Costs
Important Factors
Geographic Considerations
Quantity Considerations
Item Availability
Scheduling/Lead Time
Diffcult Construction/Site Constraints
Estimating Lump Sum Items
Force Account
Timing of Advertisement
Expected Competition/Contractor Availability
Other Contracts
Specialty Work
Standard Items vs. Nonstandard Items
First Time Used
Soil Conditions
Permit Conditions
Allowances
Construction Contingencies
Other Funding Sources/Agreement Work for Others
Independent Estimate/Estimate Review
Inclusion of Risk: CRA, CEVP, and SMSS
Internal Project Team
Peer Review
Region/Headquarters Review
External
Resources
Basis of Estimate Template
Risks
List of Assumptions
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Estimating Guidelines

Estimating Guidelines

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Published by Budi Santony

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Published by: Budi Santony on May 10, 2013
Copyright:Attribution Non-commercial

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07/19/2013

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