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A Methodology for Estimating Engineering Details

W hile historical data supports the idea that engi-neering is a percent of TIC, the impact of fac-tored Engineering to a project is unclear to proj-ect managers. Too many project managers leavethis clause unchallenged and expose the project to unrealized-growth risks in cost and schedule. Factored Engineering can: Bury a significant amount of contingency; Hide behind growing scope and construction costs; Leverage project profit to the front of the project; and Avoid discussing the true cost of Engineering is a strong correlation between Engineering hours andconstruction hours.

2005 AACE International Transactions EST.04 A Methodology for Estimating Engineering Details Mr. James D. Whiteside II, PE. neering group that is out-of-control, thus resulting in a wide vari-ance in the engineering hours required for a project. ... A Methodology for Estimating Engineering Details ...

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