Assessing the Costs Attributed to Project Delay During Project Pre-Construction Stages
This project for the Texas Department of Transportation (TxDOT) developed a simple but sound methodology for estimating the cost of delaying most types of highway projects. Researchers considered the cost of delays during the pre-construction phases of project development: planning and scoping, preliminary engineering, final design, and letting. Researchers developed a simplified model that incorporates 16 user-controlled variables and produces estimates of the effect of project delay on personal and commercial travel and the cost to the general economy. While the methodology is simple, there is no rule of thumb because project delay costs depend on several variables, primarily location, traffic, construction costs, and travel speeds.
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Supplemental Notes:
- Project Title: TxDOT Administration Research.
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Corporate Authors:
Texas A&M Transportation Institute
Texas A&M University System
3135 TAMU
College Station, TX United States 77843-3135Texas Department of Transportation
Research and Technology Implementation Office, P.O. Box 5080
Austin, TX United States 78763-5080Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Authors:
- Beaty, Curtis
- Ellis, David
- Glover, Brianne
- Stockton, Bill
- Publication Date: 2016-3
Language
- English
Media Info
- Media Type: Digital/other
- Edition: Technical Report
- Features: Figures; References; Tables;
- Pagination: 60p
Subject/Index Terms
- TRT Terms: Construction projects; Cost estimating; Costs; Delays; Methodology; Planning stages; Road construction
- Subject Areas: Construction; Finance; Highways; Planning and Forecasting;
Filing Info
- Accession Number: 01596716
- Record Type: Publication
- Report/Paper Numbers: FHWA/TX-15/0-6806-FY15 WR#3, 0-6806-FY15 WR#3
- Contract Numbers: 0-6806-TTI
- Files: NTL, TRIS, ATRI, USDOT, STATEDOT
- Created Date: Apr 22 2016 10:45AM