Transportation projects require significant investments of funds and resources. Costs include project scope and development, environmental review and mitigation, preliminary engineering, right-of-way utilities, final design, and public engagement. TRB hosted a webinar on Monday, July 1, 2024 from 12:00 PM to 1:30 PM Eastern that presented improved processes for setting and maintaining project development budgets through improvements in estimation, risk management, and tracking of project development costs.

This webinar featured research from NCHRP Domestic Scan 21-03: Successful Approaches to Setting Project Development Budgets.

This webinar was sponsored by TRB’s National Cooperative Highway Research Program.

The slides are linked in the meeting materials. View the recorded webinar below.

Webinar agenda and presenters

1. Scan summary and key insights – Dennis Slimmer, primary investigator

2. Wizard tool used by Nevada DOT for project estimating – Scott Hein, Nevada Department of Transportation

3. Scan recommendations – Jason Garza, Michigan Department of Transportation

4. Question and answer session moderated by Scott Pedersen, Minnesota Department of Transportation

The first 60 minutes of the webinar were for presentations and the final 30 minutes were reserved for audience questions.

Learning Objectives

At the end of this webinar, participants can:

1. Identify methods, tools, and processes for estimating, risk management, budgeting, and tracking the cost of project development for transportation projects

2. Establish and manage budgets for program delivery using methods and tools implemented by other states

Professional Development Hours

This webinar was delivered as a scheduled – e-learning live event and is categorized within RCEP as Technical, Health and Safety.

Professional Development Hours (PDHs) earned on completion of this program were reported to the Registered Continuing Education Program (RCEP). Certificates of Completion are issued to all participants via the RCEP.net online system. Complaints about registered providers may be addressed to RCEP, 1015 15th Street, NW, 8th Fl., Washington, DC, 20005.

American Institute of Certified Planners Certification Maintenance Credits

This webinar was approved by the American Planning Association (APA) for 1.5 Certification Maintenance (CM) Credits. CM credits provide continuing education opportunities for AICP Certified Planners to continue their professional skills and knowledge. To receive CM credits, Certified Planners should visit the TRB event webpage on American Planning Association and register their participation. If you have problems reporting your CM credits or have general questions about the CM program, please contact the APA.