Search results with tag "Cost risk analysis"

Cost Estimating Manual for projects

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 can reasonably be expected if the project materializes as planned, including PE, RW, and CN costs.

  Analysis, Project, Risks, Cost, Risk analysis, Project cost, Cost risk analysis