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Does Life Cycle Costing Hold the Secret to Infrastructure Immortality?
You're a seasoned cost estimator, knee-deep in spreadsheets, meticulously calculating the lifespan of a bridge, a highway, or perhaps a shiny new airport terminal. You've heard whispers of a magical elixir called "Life Cycle Costing" (LCC) that promises to extend the life of these assets, but is it truly the [more ...]
Rollercoaster Budgets: The Ups, Downs, and Loop-the-Loops of Infrastructure Spending
Fasten your seatbelts, infrastructure enthusiasts, because we're about to embark on a wild ride – the rollercoaster of infrastructure spending budgets! Infrastructure spending: unlike your favourite theme park attraction, this ride is filled with unexpected twists, stomach-churning drops, and enough loop-the-loops to make even the most seasoned cost estimator feel [more ...]
Economic Weather Forecasting: Predicting Cost Storms in Infrastructure
For all you infrastructure enthusiasts, let's delve into a topic that's not just about the weather you check before your morning commute but the economic weather that directly impacts our projects! Predicting cost fluctuations in infrastructure can often feel like trying to forecast a hurricane rather than consulting a spreadsheet. [more ...]
Project Costing: A Thriller Genre, Not a Spreadsheet Exercise
All right, infrastructure enthusiasts, buckle up! Forget the latest whodunit; the real nail-biting plot twists are happening in project costing! As cost estimators, we bring our expertise to the table, crafting budgets and meticulously planning for every scenario. However, infrastructure project costing has a way of throwing curveballs that would [more ...]
Does Life Cycle Costing Hold the Secret to Infrastructure Immortality?
You're a seasoned cost estimator, knee-deep in spreadsheets, meticulously calculating the lifespan of a bridge, a highway, or perhaps a shiny new airport terminal. You've heard whispers of a magical elixir called "Life Cycle Costing" (LCC) that promises to extend the life of these assets, but is it truly the...
Rollercoaster Budgets: The Ups, Downs, and Loop-the-Loops of Infrastructure Spending
Fasten your seatbelts, infrastructure enthusiasts, because we're about to embark on a wild ride – the rollercoaster of infrastructure spending budgets! Infrastructure spending: unlike your favourite theme park attraction, this ride is filled with unexpected twists, stomach-churning drops, and enough loop-the-loops to make even the most seasoned cost estimator feel...
Economic Weather Forecasting: Predicting Cost Storms in Infrastructure
For all you infrastructure enthusiasts, let's delve into a topic that's not just about the weather you check before your morning commute but the economic weather that directly impacts our projects! Predicting cost fluctuations in infrastructure can often feel like trying to forecast a hurricane rather than consulting a spreadsheet....
Project Costing: A Thriller Genre, Not a Spreadsheet Exercise
All right, infrastructure enthusiasts, buckle up! Forget the latest whodunit; the real nail-biting plot twists are happening in project costing! As cost estimators, we bring our expertise to the table, crafting budgets and meticulously planning for every scenario. However, infrastructure project costing has a way of throwing curveballs that would...
Are You Over-Optimistic or Just Fantasy Budgeting?
For all you infrastructure enthusiasts and professionals, let's avoid over-optimistic visions and delve into the realities of budgeting. As a cost estimator, I often face budgets that seem to have been calculated with tonnes of over-optimistic views. While a positive outlook is commendable, injecting a dose of budgetary realism into...
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Mother Nature’s “Surprise Package” – When the Ground Isn’t Quite What We Expected, and the Budget Blow Up
Ah, the thrill of the unexpected! In the world of infrastructure development, however, “unexpected” often translates to “budget-busting surprises”, courtesy of our dear friend, Mother Nature. [more…]
“The Optimism Bias”: Why We Always Think Our Project is Special (and Immune to Cost Overruns)!
We’ve all been there. You start a DIY project brimming with confidence that you’ll finish under budget and ahead of schedule without any additional cost. Then, reality sets [more…]
Change Orders: The Spice of Life (and the Bane of Budget Estimates)
We all love a delicious pizza piled high with our favourite toppings. But let’s be honest: Sometimes, you go a little overboard, ending up with [more…]
The “Infrastructure Price is Right”: Guess the Cost Overrun!
Calling all infrastructure enthusiasts and budget-curious minds! Are you ready to play a game that highlights the sometimes surprising realities of cost estimation in our industry? This [more…]
The Notorious, and often Frustrating, Game of Infrastructure Bingo! ️
Let’s face it: infrastructure projects and budget overruns often go hand-in-hand. But before you reach for the panic button, test your cost-estimation detective skills with a fun [more…]
“Scope Creep”: When Your Project Balloons Out of Control
Remember when you started a simple home renovation, only to end up with a koi pond and a disco ball in the bathroom? Well, imagine [more…]
From Excel Guru to Fortune Teller: The Unexpected Skills Required of a Cost Estimator
Alright, infrastructure enthusiasts, gather for a confession that might surprise you: a cost estimator isn’t just a spreadsheet wizard who can summon budget breakdowns with [more…]
Budgeting for the Apocalypse (or Just the Next Traffic Jam): Why Infrastructure Needs a Rainy Day Fund
Let’s be honest, folks. Life is full of surprises. And in infrastructure development, those surprises can sometimes significantly impact the budget. That’s why, as a [more…]
Sleepless in Seattle (and Every Other City With Ageing Infrastructure): The Never-Ending Battle Against Budgetary Backlog
Ah, infrastructure. It is the backbone of our cities, the arteries of our commerce, and the occasional source of restless nights. For a cost estimator [more…]
From Shiny New Bridge to Rusting Relic: The High Cost of Ignoring Infrastructure Maintenance (and Why We Should All Be Friends with Civil Engineers)
Let’s face it, folks. Infrastructure sometimes gets a raw deal. We celebrate the grand opening of a sparkling new bridge, but who wants to think [more…]
