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Title:

Cost and Scope Breakdown Structure for Functional Level Estimating of Consultant Fees

Accession Number:

01590863

Record Type:

Component

Availability:

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Order URL: http://worldcat.org/isbn/9780309441377

Abstract:

Estimating the cost of preconstruction services (PCSs) during the early phases of highway project development is an important task requiring an increased level of attention. Research has found a link between early investment in PC planning and design services and final project costs. The purpose of this paper is to assess current estimating practices and propose a cost and scope breakdown structure (CSBS) framework to structure functional level estimation of consultant fees. Such a framework is promoted to reduce the chance that underfunded PCSs may degrade postaward construction contract cost certainty. This study found that PCSs were generally viewed as a minor component of a project’s budget and were sometimes estimated without subsequent preconstruction cost control or accountability. Current practices for consultant fee estimating by state departments of transportation (DOTs) documented in this study show little standardization in estimating practices across and within transportation agencies. As a consequence, many individuals are creating their own tools to develop PCS cost estimates. The result is that national and regional consultants that work in more than a single state are forced to expend additional effort to maintain agency-specific work task databases; the cost no doubt is passed back to the agency in increased overhead costs. This study found that application of a CSBS to classify specific work tasks and utilization of a database of previous project cost information promote consistency and aid contract negotiations with consultants.

Monograph Title:

Construction

Monograph Accession #:

01594379

Report/Paper Numbers:

16-1146

Language:

English

Authors:

Craigie, Emily K
Gransberg, Douglas
Jeong, H David

Pagination:

pp 157–163

Publication Date:

2016

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 2573
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

9780309441377

Media Type:

Print

Features:

Figures (5) ; References (26) ; Tables (4)

Uncontrolled Terms:

Subject Areas:

Administration and Management; Construction; Finance; Highways

Files:

PRP, TRIS, TRB, ATRI

Created Date:

Jan 12 2016 4:31PM

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