When

March 16, 2023

Time

8:15AM - 4:00PM

Contact Hours

6.8

Location

University of Virginia
School of Continuing and Professional Studies
Zehmer Hall
104 Midmont Lane
Charlottesville, VA 22903

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 a lecturer for the Transportation Training Academy and the Essentials of Engineering Excellence (E3) Program for the Center for Transportation Studies at the University of Virginia. Dr. Obenberger has over 36 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. Jon is a Senior Transportation Research Engineer in the Office of Operations Research and Development for the Federal Highway Administration’s (FHWA) in McLean, VA. He leads FHWA programs, initiatives and projects to support the development of the next generation of traffic management systems and centers (TMCs) with the capabilities to enable the acquisition, systematic provision and integration of data from connected vehicles (automobiles, transit, and trucks) and devices (travelers) to transform the active management and operation of the surface transportation system.

Dr. Obenberger serves on numerous national committees and task forces. Jon is a member of Transportation Research Board’s (TRB) Traffic Control Devices Committee and the ITS Committee. He was the former Chair (2012-2018) and member (2001-2012) of the TRB Freeway Operations Committee. He is the former Chair and member of the Visiting Committee for the Department of Civil Engineering at the University of Wisconsin in Madison. From 2004 to 2013 he was the secretary of the AASHTO Preconstruction Engineering Management Technical Committee. Dr. Obenberger earned B.S. and M.S. degrees in Civil & Environmental Engineering at the University of Wisconsin, and his Ph.D. from Virginia Tech.  He is a licensed professional engineer in the State of 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: $85.00
State/Federal: $140.00
Private Industry: $325.00
Tribes: $0

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.

Don't have access to a computer?
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