Budget and Cost Estimate Builder
Prepare a professional cost estimate with quantities, unit costs, contingency and funding sources.
Prepare a professional cost estimate with quantities, unit costs, contingency and funding sources.
Learning objectives
- Estimate cost from quantity and unit cost
- Apply a justified contingency
- Tie every cost to a task
Engineering guidance
A budget line with no quantity and unit cost is a guess with a decimal point.
FE Civil connection
Engineering Economics
Handbook §20 — Cost estimating (placeholder)
- What contingency suits a preliminary estimate?
- How is an order-of-magnitude estimate labeled?
- What drives testing cost?
Technical methodology planner
Plan Chapter 3 against the exact equations, standards, data sources and design checks you will execute in Capstone II.