Initial Project Estimates for Design, Right of Way, Utilities, and Construction
Initial project estimates are currently developed in a variety of ways, which often result in inconsistent and inaccurate budgeting estimates. All Highway Design Projects are required to include at least one alternate that is within the scope, schedule, and budget of the approved highway plan. This places an even greater emphasis on the accuracy of the initial project estimate. There is a need to develop uniformity among the various methods used to develop initial estimates and enhance the current estimating tools for all parties involved. The objectives of this research are to: 1) Determine all the various methods and formats currently being utilized to produce initial project estimates; 2) Determine and develop desired format to include uniform estimates for Design, Right‐of‐Way, Utilities, and Construction (DRUC) phases; and 3) Begin development of a searchable database to assist users in preparing initial project estimates and incorporate them into the existing project development process.
Language
- English
Project
- Status: Completed
- Funding: $335000
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Contract Numbers:
SPR 17-545
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Sponsor Organizations:
Kentucky Transportation Cabinet
200 Mero Street
Frankfort, KY United States 40622 -
Managing Organizations:
Kentucky Transportation Cabinet
200 Mero Street
Frankfort, KY United States 40622 -
Performing Organizations:
University of Kentucky, Lexington
Kentucky Transportation Center
College of Engineering, 176 Raymond Building
Lexington, KY United States 40506-0281 -
Principal Investigators:
Gibson, Bryan
Van Dyke, Chris
- Start Date: 20160701
- Expected Completion Date: 20190630
- Actual Completion Date: 0
- USDOT Program: Transportation, Planning, Research, and Development
Subject/Index Terms
- TRT Terms: Accuracy; Construction projects; Databases; Estimates; Estimating; Methodology; Project management; Public utilities; Right of way (Land)
- Identifier Terms: Kentucky Transportation Cabinet
- Subject Areas: Design; Finance; Planning and Forecasting; Transportation (General);
Filing Info
- Accession Number: 01675606
- Record Type: Research project
- Source Agency: University of Kentucky, Lexington
- Contract Numbers: SPR 17-545
- Files: RIP, STATEDOT
- Created Date: Jul 20 2018 11:59AM