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- W2280372272 abstract "Construction cost overruns in many small projects can lead to program overruns and hence be just as problematic as a large overrun on a single project. Since there is a lack of compiled cost information or databases to support estimation of rural and small urban transit facilities, this paper focuses on cost estimation and risk assessment for design and construction of rural and small urban transit facilities. The goal of this paper is to define the characteristics of rural and small urban transit facilities, identify and assess their typical risk factors, and develop a database and tool to support conceptual estimating process for these facilities. Initially, this work reviewed the existing literature and described the characteristics of rural and small urban transit facilities. Next, telephone interviews of Department of Transportation (DOT) staff, consultants, and transit managers were conducted and analyzed. Later, based on the literature review and telephone interviews, survey questions were developed and distributed to collect specific historical design and construction costs data. Regression models were generated to predict project design and construction costs based on the size of these types of facilities. The typical risk factors associated with these projects were identified and their frequency levels determined. The final product of the work was development of a cost estimating tool for rural and small urban transit facilities." @default.
- W2280372272 created "2016-06-24" @default.
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- W2280372272 date "2016-01-01" @default.
- W2280372272 modified "2023-09-24" @default.
- W2280372272 title "Cost Estimating Tool for Early Estimates for Rural and Small Urban Transit Facilities" @default.
- W2280372272 hasPublicationYear "2016" @default.
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