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Page 96
Suggested Citation:"Acronyms." National Academies of Sciences, Engineering, and Medicine. 2017. Applying Risk Analysis, Value Engineering, and Other Innovative Solutions for Project Delivery. Washington, DC: The National Academies Press. doi: 10.17226/24851.
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Page 96
Page 97
Suggested Citation:"Acronyms." National Academies of Sciences, Engineering, and Medicine. 2017. Applying Risk Analysis, Value Engineering, and Other Innovative Solutions for Project Delivery. Washington, DC: The National Academies Press. doi: 10.17226/24851.
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Page 97

Below is the uncorrected machine-read text of this chapter, intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text of each book. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.

96 AASHTO American Association of State Highway and Transportation Officials ABC Accelerated Bridge Construction AEC Architecture, Engineering & Construction AHP Analytic Hierarchy Process AKDOT Alaska Department of Transportation ANP Analytic Network Process ATC Alternative Technical Concepts Caltrans California Department of Transportation CBA Choosing by Advantages CD Concept Development CDOT Colorado Department of Transportation CFR Code of Federal Regulation CIP Cast in Place CMGC Construction Manager/General Contractor CMR Construction Manager-at-Risk CON Construction CR Constructability Review CRA Cost Risk Assessment CRMA Creative Risk Management Approach CVD Customer Value Determination CVS Certified Value Specialist DB Design-Build DBB Design-Bid-Build DBFO Design-Build-Finance-Operate DBOM Design-Build-Operate-Maintain DCCP Design and Construction Criteria Package DEA Data Envelopment Analysis DM Design Management DOT Department of Transportation ECI Early Contractor Involvement FAST Function Analysis System Technique (Diagram) FD Final Design FDOT Florida Department of Transportation FDRM Function Driven Risk Management FHWA Federal Highway Administration FLH Federal Lands Highway FTA Federal Transit Administration GDOT Georgia Department of Transportation Acronyms

Acronyms 97 HDM Hierarchical Decision Model IM Innovative Methods IP Intellectual Property IPD Integrated Project Delivery IVM Integrated Value Management KYTC Kentucky Transportation Cabinet MAP Moving Ahead for Progress (MAP-21 Act) MCDA Multi-Criteria Decision Aiding MNDOT Minnesota Department of Transportation MS Microsoft (Word/Excel/etc.) MTO Ministry of Transportation, Ontario, Canada NCDOT North Carolina Department of Transportation NCHRP National Cooperative Highway Research Program NDOT Nevada Department of Transportation NHS National Highway System ODOT Oregon or Ohio Department of Transportation P3 Public-Private Partnerships PD Project Delivery PE Preliminary Engineering PM2P Project Manager to Project PMM Project Management Maturity PS Problem Screening PS&E Plans, Specifications, and Estimates QFD Quality Function Deployment R&D Research and Development RA Risk Analysis/Risk Management RBES Risk Based Estimate Self-Modeling ROI Return on Investment ROW Right of Way SAVE Society for the Advancement of Value Engineering SCDOT South Carolina Department of Transportation TFA Transportation Facility Agreement TISM Total Interpretive Structural Model TMPI Technology Management Performance Index TRB Transportation Research Board TRIZ Theory of Creative Problem Solving TRM Technology Roadmapping TXDOT Texas Department of Transportation UDOT Utah Department of Transportation VA Value Analysis VDOT Virginia Department of Transportation VE Value Engineering VECP Value Engineering Change Proposal VM Value Methodology or Value Management VMS Value Management System WSDOT Washington State Department of Transportation WYDOT Wyoming Department of Transportation

Applying Risk Analysis, Value Engineering, and Other Innovative Solutions for Project Delivery Get This Book
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TRB's National Cooperative Highway Research Program (NCHRP) Research Report 850: Applying Risk Analysis, Value Engineering, and Other Innovative Solutions for Project Delivery examines the state of the art in managing project development and delivery through application of Value Engineering (VE). VE is a systematic process that combines creative and analytical techniques to achieve a common understanding of project requirements. At the project level, the goal of VE is to achieve balance between project needs and resources.

A set of seven training videos, an Excel-based Value Management System Tool, and a sample project application of that tool accompany the report.

Disclaimer - This software is offered as is, without warranty or promise of support of any kind either expressed or implied. Under no circumstance will the National Academy of Sciences, Engineering, and Medicine or the Transportation Research Board (collectively "TRB") be liable for any loss or damage caused by the installation or operation of this product. TRB makes no representation or warranty of any kind, expressed or implied, in fact or in law, including without limitation, the warranty of merchantability or the warranty of fitness for a particular purpose, and shall not in any case be liable for any consequential or special damages.

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