When

August 23, 2018

Location

FHWA – National Highway Institute
1310 North Courthouse Road , Suite 300
Arlington, VA 22201

Contact Hours

6.8

Description

The accurate estimation of costs provides a foundation for the effective development and delivery of projects. The estimate of project costs is a critical function that is conducted throughout the development and delivery of highway projects and other types of improvement initiatives on the surface transportation system. The ability to develop, manage, and control project cost estimates is a critical function that is conducted in the planning, programming, preliminary and final design, and procurement of projects.

The escalation of costs and challenges with financing, developing and implementing highway related projects is a critical concern to all public agencies. There are a number of factors and issues that contribute to the escalation of cost throughout the project development process. Public agencies are exploring opportunities to improve how they develop, manage and control the estimation and ultimate project costs throughout the project development process.

The ability to improve the consistency and how project costs are estimated, managed and controlled throughout the project development process is critical to the success of each project and an agency project development and delivery program. This course will introduce participants to the basic concepts, challenges and best practices with estimating and managing project cost estimates. This course will provide participants with an overview of the: 1) fundamentals of cost estimating, 2) process of developing project costs, managing cost estimates, 3) cost escalation factors, 4) deterministic and risk based cost estimating, and 5) how cost estimating varies in the project development process.

Agenda

8:15     Course Introduction

8:45     Cost Estimating Overview

9:15     Developing Project Cost Estimates

10:00   Break

10:15   Managing Cost Estimates

11:15   Cost Escalation

12:00   Lunch

12:30   Deterministic – Contingency Based Cost Estimating

1:30     Risk Based Cost Estimating

2:00     Break

2:15     Cost Estimating During the Project Development Process

3:45     Course Summary

Instructor

Jon Obenberger

Jon Obenberger is lecturer for the University of Virginia’s Transportation Training Academy and the Transportation Project Management Institute (TPMI).  Dr. Obenberger has 25 years of experience with leading programs, policy initiatives, projects, and day-to-day activities related to the planning, design, and operation of highways and local streets for local, regional, state, and Federal agencies.  Dr. Obenberger serves on numerous national committees and task forces.  He is the secretary of the AASHTO Preconstruction Engineering Management Technical Committee.  Dr. Obenberger is also the secretary of the Freeway Operations Committee and member of the Active Traffic Management Task Force of the Transportation Research Board (TRB).

 

Dr. Obenberger is also the Preconstruction Team Leader in the Office of Program Administration for the Federal Highway Administration’s (FHWA) Office of Infrastructure in Washington, D.C.  In this position Dr.  Obenberger leads a wide variety of initiatives aimed at advancing design practices nationally, FHWA’s design discipline, and the efficiency and effectiveness of FHWA’s stewardship and oversight of the delivery of the Federal-aid highway program.  Dr. Obenberger earned B.S. and M.S. degrees in Civil & Environmental Engineering at the University of Wisconsin, and a Ph.D. degree from Virginia Tech.  He is a licensed professional engineer in Wisconsin.

Who Should Attend

State, local agency, contractor, Metropolitan Planning Organization, road authority, and academic staff who are responsible for or participate in developing, managing, or approving project cost estimates in the planning, programming, preliminary, or final design of highway improvement projects and other types of projects on the surface transportation system.

Registration and Payment

The following registration fees cover the session, all course materials and meals:

Local Government: $75.00
State/Federal: $125.00
Private Industry: $300.00

Click here for UVA TTA's general registration information, cancellation policy, and refund policy. UVA TTA accepts the following credit cards: American Express, VISA, MasterCard, and Discover. Credit card information cannot be taken over the phone. Alternatively, after registering you can print out a voucher to send in with your payment. After you have completed the transaction you will receive an automatically generated email confirming registration and payment if applicable. Final confirmation and instructions will be sent out during the week prior to the class date.

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to get a paper registration form (PDF). Print it out, complete it, and email, mail or FAX it to our office following the instructions on the form. Include your check or government purchase order with your registration form.Please note that emailed or faxed-in registration forms will be considered as a "provisional booking" until payment is received.For more information, call our office at (434) 982-2897, fax at (434) 982-2856 or email uva-tta@virginia.edu