January 26, 2024 0 Comments

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 2 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 11, 2024 0 Comments

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.

December 31, 2023 0 Comments

Estimating costs accurately at the early concept and feasibility design stages is challenging, especially for transport and civil engineering infrastructure projects. Here's why: Limited information: At this stage, the project definition is often

September 11, 2023 0 Comments

Cost planning is a critical aspect of any civil engineering project. Accurate budgeting and cost estimation are essential for the successful execution of projects, whether they involve constructing a bridge, a road, a

August 19, 2023 0 Comments

In government-funded infrastructure projects, precision in cost estimation and value-for-money assessment is paramount, mainly when projects are in their nascent, early design stages. At this critical juncture, when project details are often scant,

August 12, 2023 0 Comments

Whole Life Cycle Costing (WLCC) and Life Cycle Costing (LCC) are both approaches used in project management, specifically in infrastructure and civil engineering government-funded projects, to assess the total cost of a project

August 12, 2023 0 Comments

Life cycle costing is a way to figure out the total cost of an infrastructure project over its entire lifetime. Instead of just looking at the upfront construction costs, it considers all the