Summary of Cost Estimating and Cost Management Capacity Building Workshops

Abstract

This document summarizes the presentations and discussions from two workshops: Cost Estimating and Cost Management in the Planning Process Capacity Building Workshop was held in November 2007, and Cost Estimating and Cost Management in the Design and Project Development Process Capacity Building Workshop was held in April 2008. The workshops utilized the results of the National Cooperative Highway Research Program (NCHRP) 8-49 Project titled Procedures for Cost Estimation and Management for Highway Projects During Planning, Programming, and Preconstruction. The objectives of the workshops were 1) to build expertise and capacity for planning and engineering professionals to implement the NCHRP Report 574 guidebook on cost estimating and cost management; 2) to learn how states are moving forward with the implementation of the guidebook or or other initiatives related to cost estimating and cost management; and 3) to share advances and lessons learned from other states' initiatives on cost estimating.