Research for AASHTO Standing Committee on Highways. Task 344. Practical Cost Estimating: Development of Training

A state transportation agency's (DOT's) ability to develop and manage transportation infrastructure depends crucially on a capability to reliably estimate project costs. Cost estimating practices can vary greatly from state to state and even within an agency for different types of projects and stages of project development. Over the last decade Federal Highway Administration (FHWA), American Association of State Highway and Transportation Officials (AASHTO), National Cooperative Highway Research Program (NCHRP), and other national organizations have worked to provide support for state departments of transportation (DOTs )to improve the consistency, accuracy, reliability, and ease of cost estimating. Among the more recent products of this work is the new AASHTO Practical Guide to Cost Estimating (see Special Notes), developed by AASHTO's Technical Committee on Cost Estimating (TCCE) with NCHRP support. This guide built on other NCHRP and FHWA research results, such as NCHRP Report 574 Guidance for Cost Estimation and Management for Highway Projects During Planning, Programming, and Preconstruction, NCHRP Report 658: Guidebook on Risk Analysis Tools and Management Practices to Control Transportation Project Costs, and FHWA's Major Project Program Cost Estimating Guidance (January 2007). The guidance represents a valuable resource to improve DOT cost estimating practice. Many states have expressed a need for basic cost estimating training to improve performance by disseminating estimating resources quickly and more widely throughout their DOTs. Responsible DOT officials have found that standardized cost-estimating training courses and support materials--suited to the needs of DOTs and adult learners--are not readily available. Such courses and materials would enhance individual DOTs cost-estimating training programs and reduce the costs of improving their cost-estimating capabilities. The objective of this research is to develop cost estimating training and support materials based on the AASHTO Practical Guide to Cost Estimating and encompassing cost-estimating basics; bid-based (historical), cost-based, risk-based, and conceptual (parametric) estimating practices; inflation and other market-related considerations.

  • Record URL:
  • Supplemental Notes:
    • The research team produced a set of training modules designed to be adaptable to specific DOT situations and used in a classroom setting or as part of a self-instruction program. The modules were delivered to the AASHTO TCCE for further development and possibly integration with AASHTO's Learning Management System.

Language

  • English

Project

  • Status: Completed
  • Funding: $100000.00
  • Contract Numbers:

    Project 20-07, Task

  • Sponsor Organizations:

    Federal Highway Administration

    1200 New Jersey Avenue, SE
    Washington, DC  United States  20590

    American Association of State Highway & Transportation Officials (AASHTO)

    444 North Capitol Street, NW, Suite 225
    Washington, DC  United States  20001

    National Cooperative Highway Research Program

    Transportation Research Board
    500 Fifth Street, NW
    Washington, DC  United States  20001
  • Project Managers:

    Lemer, Andrew

  • Performing Organizations:

    Texas A&M Transportation Institute, College Station

    Texas A&M University System
    3135 TAMU
    College Station, TX  United States  77843-3135
  • Principal Investigators:

    Anderson, Stuart

  • Start Date: 20131004
  • Expected Completion Date: 0
  • Actual Completion Date: 20150103
  • Source Data: RiP Project 37782

Subject/Index Terms

Filing Info

  • Accession Number: 01543743
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project 20-07, Task
  • Files: TRB, RiP
  • Created Date: Nov 21 2014 1:02AM