Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects (2022)

Chapter: Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies

Previous Chapter: Chapter 5 - Guidelines on the Risk-Driven Approach for Estimating Construction Contingencies
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 30
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 31
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 32
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 33
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 34
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 35
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 36
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 37
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 38
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 39
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 40
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 41
Suggested Citation: "Chapter 6 - Guidelines on the Historical Data-Driven Approach for Estimating Construction Contingencies." National Academies of Sciences, Engineering, and Medicine. 2022. Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects. Washington, DC: The National Academies Press. doi: 10.17226/26829.
Page 42
Next Chapter: Chapter 7 - Guidelines for Tracking and Monitoring Construction Contingencies
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