Abstract
This presentation chronicles the development of cost models, considering the impact of project size, for bridge rehabilitation and replacement projects for use by INDOT’s Bridge Asset Management Team. Data mining and other issues are discussed, along with model form and the practical connection of the models with intuition. Extension of this effort to other assets (pavement) and to smaller project types (indefinite delivery/indefinite quantity contracts) is also covered.
Session Number
02
Session Title
A Practical Approach to Programming-Level Cost Estimation
Track Title
Bridges
Location
STEW 218CD
Date of Version
March 2015
Recommended Citation
Montgomery, Robert E. and Hunter, Jeremy, "A Practical Approach to Programming-Level Cost Estimation" (2015). Purdue Road School. 7.
https://docs.lib.purdue.edu/roadschool/2015/presentations/7
Start Date
3-10-2015 12:00 AM
A Practical Approach to Programming-Level Cost Estimation
STEW 218CD
This presentation chronicles the development of cost models, considering the impact of project size, for bridge rehabilitation and replacement projects for use by INDOT’s Bridge Asset Management Team. Data mining and other issues are discussed, along with model form and the practical connection of the models with intuition. Extension of this effort to other assets (pavement) and to smaller project types (indefinite delivery/indefinite quantity contracts) is also covered.
