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From page 75... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 73 4. Read the entire page →
From page 76... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 74 explored in this section using unweighted averages of the capital cost variance due to scope changes or schedule changes over the life of projects. Read the entire page →
From page 77... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 75 4.1. Read the entire page →
From page 78... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 76 VE activities were employed by all but one project (i.e., the Pasadena Gold Line) Read the entire page →
From page 79... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 77 Some project representatives suggested that establishing clear budget and schedule constraints early in the project development process helped contain scope creep. Read the entire page →
From page 80... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 78 In sum, while engineering challenges were encountered, these were controllable. Read the entire page →
From page 81... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 79 Table 4-5. Read the entire page →
From page 82... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 80 Of the 9 sample projects, eight reported that the cost estimate was reviewed internally multiple times and by key project staff other than the estimator. Read the entire page →
From page 83... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 81 Based on the literature search results, a probabilistic estimation approach integrated with a detailed risk assessment may better convey the assumptions involved in the cost estimate and the risks reflected in the cost estimate. Read the entire page →
From page 84... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 82 form the probability range estimates. Read the entire page →
From page 85... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 83 schedules. Read the entire page →
From page 86... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 84 Table 4-8. Read the entire page →
From page 87... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 85 contingency risks is key. Read the entire page →
From page 88... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 86 Table 4-7 also summarizes the criteria used for selecting the general engineering contractor (GEC) Read the entire page →
From page 89... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 87 Figure 4-3. Read the entire page →
From page 90... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 88 Table 4-10. Read the entire page →
From page 91... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 89 • Nature of the project (e.g., technology, complexity) Read the entire page →
From page 92... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 90 However, no clear relationship was identified between the cost containment results of the projects and the share of federal funds. Read the entire page →
From page 93... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 91 Table 4-12. Read the entire page →
From page 94... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 92 Table 4-13. Read the entire page →
From page 95... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 93 Panel Projects Schedule Control Strategy Payment Approach Washington WMATA Largo • Schedule control responsibility: Agency • The contractor submitted all documents electronically followed by a hard copy • Contractor took the lead in developing the schedule, owner reviewed /approved • Verified completed work each month and reviewed updated schedule • The consultant assisted staff in verification or any other areas as requested Cost-loaded CPM for completed work and lump sum 4.5.2. Read the entire page →
From page 96... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 94 Case Study Projects Change Order (CO) Read the entire page →
From page 97... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 95 Case Study Projects Change Order (CO) Read the entire page →
From page 98... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 96 authorization is important for fast resolution to issues arising during construction. Read the entire page →
From page 99... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 97 Table 4-17. Read the entire page →
From page 100... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 98 4.5.4. Read the entire page →
From page 101... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 99 Figure 4-5. Read the entire page →
From page 102... ... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 100 No unique techniques to generate the cost estimate were reported except for the New York and Washington projects. Read the entire page →

From page 75...

... TCRP Project G-07 -- Managing Capital Costs of Final Report Major Federally Funded Public Transportation 4. Strategies, Tools, and Techniques 73 4.