Estimating Highway Preconstruction Services Costs - Volume 1: Guidebook (2016) / Chapter Skim
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53 6.1 Output Interpretation and Limitations The selected model is ready for application if it shows a satisfactory performance in accordance with the expectations of the agency. It is important to recognize the scope limitations of each model when applying it to real projects.
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54 Estimating Highway Preconstruction Services Costs 6.3 Use of Output as a Decision-Making Tool By definition, decision-making procedures involve the selection of the most suitable option from a set of alternatives based on the preferences and selection criteria of the decision makers. As a decision-making tool, PCS cost estimates can be used to select the design methods and technologies that best suit the needs and resource availability of an agency.
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Implementing PCS Cost-Estimating Models 55 Table 6.1. PCS cost estimate – key performance indicators.
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56 Estimating Highway Preconstruction Services Costs Table 6.2. Capturing lessons-learned methodology (King 2008)
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