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Cost Estimating Guideline - State

Cost Estimating Guideline February, 2017 Procedures are subject to change without notice. Check the Capital Project Delivery website to ensure this is the current version. Table of Contents Section 1 - Introduction .. 1 Purpose .. 1 General Estimating Concepts .. 1 Contents of the Cost Estimating Guideline .. 2 Section 2 - Cost Management Process .. 3 Estimating Concepts Throughout Project Development Stages .. 3 NJDOT Cost Estimation Process by CPD Delivery Phase .. 4 NJDOT Cost Estimating Process Summary .. 9 Estimating Process Background .. 10 Estimate Documentation .. 11 Project Estimate File .. 12 Major Project Program Cost Estimating (>$500M) .. 13 Section 3 - Cost Estimating Methods .. 14 Introduction .. 14 AASHTOWare Project Cost Estimation software.

3 1.2 Contents of the Cost Estimating Guideline The Estimating Guideline contains six sections. The following provides a brief summary of each section: Section 1, Introduction, this section provides the purpose of the Cost Estimating guideline, general cost estimating concepts, and introduces each of the sections.

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