1. NCHRP Project 8-49 Procedures for Cost Estimation and Management for Highway Projects During Planning, Programming, and Preconstruction Draft Guidebook November 4, 2005

2. Research Objective To develop a guidebook on highway cost estimating management and project cost estimating procedures aimed at achieving greater consistency and accuracy between long-range transportation planning, priority programming, and preconstruction estimates.

3. Team Organization

4. Phase I Research Tasks

5. Phase I Literature  Identification of cost escalation factors  Transportation sector lacks published estimating methods and tools  More non-transportation methods and tools Project Web Site http://construction.colorado.edu/NCHRP8-49 –Project Information –Library –Useful Links

7. Interaction between strategies, methods, & tools, project development phases, and project complexity Three Dimensions

8. Flow of strategies, methods and tools

9. Guidebook Layout Executive Summary Chapter 1 – Introduction Chapter 2 – Agency Cost Estimating and Cost Estimating Management Processes Chapter 3 – Factors and Strategies Chapter 4 – Guidebook Framework Chapter 5 – Guide for Planning Phase Chapter 6 – Guide for Programming and Advanced Planning/Preliminary Design Phase Chapter 7 – Guide for Final Design Phase Chapter 8 – Implementation Issues Chapter 9 – Path Forward Appendix A – Tools

10. Key Points Guidebook  Focus – cost escalation  Concept – strategies, methods, and tools  Intent – not a “how to” procedures manual  Status – working draft