January 26, 2024 1 Comment

While outturn costs seem like a straightforward indicator, they suffer from several limitations when used for benchmarking early-stage designs: 1. Outturn Costs = Incompleteness of Information: Limited Design Development: Early design schemes lack detailed

January 19, 2024 4 Comments

Estimates aside, we've all been there: a shiny new project, brimming with potential, rolls in. The drawings are slick, the specs sound promising, and everyone's eager to grab the proverbial brass ring. But

January 14, 2024 0 Comments

Civil engineers are the sculptors of our world, shaping towering skyscrapers and sprawling highways. But even the most majestic infrastructure projects can turn into financial leviathans if cost control isn't wrangled early on.

January 13, 2024 1 Comment

Civil engineers wear the hats of both creative visionaries and financial guardians. We translate grand ideas into tangible infrastructure, all while keeping a watchful eye on the ever-important bottom line. But translating dreams

January 11, 2024 1 Comment

Analogous estimation is a valuable tool for life cycle costing (LCC) in civil engineering and transport infrastructure projects. It involves comparing the proposed project to similar existing projects and using their cost data

January 2, 2024 0 Comments

Three-point estimation is a valuable technique for generating more robust and realistic estimates in civil engineering projects. It accounts for uncertainty and potential risks by considering three scenarios: optimistic, most likely, and pessimistic.