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 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.

September 10, 2023 0 Comments

Cost planning in civil engineering is a critical aspect of project management that directly impacts the success and sustainability of infrastructure projects. At the heart of this process lies the concept of early-stage

August 7, 2023 4 Comments

Parametric estimating is a cost-estimating technique that uses historical data and statistical relationships to develop models that can be used to estimate future costs. It is a valuable tool for construction companies, as

August 6, 2023 1 Comment

Accurate and reliable cost estimation is a fundamental aspect of project planning and management in the construction industry. Over the years, various methods have been employed to estimate project costs; parametric estimates have

August 4, 2023 0 Comments

Transportation technology has had a significant impact on the development of the world in the past, is still influencing it now, and will have a substantial effect on the development of the world

July 23, 2023 0 Comments

In recent decades, global urbanisation has accelerated human population expansion, requiring more material resources. Construction uses 32% of natural resources (Yeheyis et al., 2012). However, this figure is lower than in the 1990s

May 12, 2023 0 Comments

In transport infrastructure projects, ensuring value for money is essential. This means that the benefits of the project should outweigh the costs. Several key metrics and techniques can be used in the appraisal