Transcription of Cost Estimating Manual for projects
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Cost Estimating Manual for projects
cost Estimating Manual for WSDOT projects November 2008 cost Estimating Manual for WSDOT projects November 2008 Page ii cost Estimating Manual for WSDOT projects November 2008 Page iii Foreword Each project is unique. To accurately develop an estimate of the construction costs for a project, an Estimator must be capable of mentally constructing the project and then accounting for all the activities necessary to complete it. Many of the best cost estimators are knowledgeable in both transportation design and construction.
The term “base cost estimate” was developed by WSDOT for cost risk analysis and represents the reviewed and/or validated project cost estimate to be used in the quantitative risk analysis for a project. The base cost represents the cost that ... performance measurement baseline, technical baseline).
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