How Long to Read Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana

How Long Does it Take to Read Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana?

It takes the average reader 4 hours and 38 minutes to read Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana by Abhishek Bhargava

Assuming a reading speed of 250 words per minute. Learn more

Description

Researchers and engineers continue to ponder the reliability of construction cost forecasts made at the early stages of project development. After a project has been incorporated in the statewide transportation improvement program, increasingly detailed estimates of its cost are prepared at the remaining stages of project development, namely, design estimate, engineer's estimate, and bid estimate. This study presents a methodology for identifying contracts that are likely to experience cost overrun at different stages of the project development process. Also, the study analyzes escalation patterns of cost estimates across the stages of project development. The application of the methodology is demonstrated using data from Indiana. For the case study, the results showed that for expansion (capacity addition) and bridge contracts, the probability of cost overrun increased with increase in contract size. For pavement projects, large contracts (exceeding $5 million) were found to be more likely to experience a cost underrun than small contracts. Pavement contracts in urban areas were found to be more likely to experience cost overrun than their rural counterparts. For expansion and bridge contract cost overrun, no significant difference in cost overrun likelihood was found between urban and rural areas. Expansion and pavement contracts on Non-NHS highways were found to be more likely to experience cost overrun than such contracts on NHS highways. Bridge contracts on Interstates were more likely to experience cost overrun than Non-Interstates. Furthermore, it was found that as the time duration between project proposal and design completion increased, the tendency of a contract to experience cost overrun increased. Longer time spans between project proposal and letting were also found to increase the probability of cost overrun. In addition, the risk of occurrence of a particular escalation pattern was found to influence the probability of cost overruns.

How long is Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana?

Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana by Abhishek Bhargava is 274 pages long, and a total of 69,596 words.

This makes it 92% the length of the average book. It also has 85% more words than the average book.

How Long Does it Take to Read Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 20 minutes to read Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana aloud.

What Reading Level is Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana?

Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Development of a Framework for Ex Post Facto Evaluation of Highway Project Costs in Indiana?

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