DocumentCode
3132290
Title
Estimating Design Costs for First-of-a-kind Projects
Author
Banerjee, Bakul
Author_Institution
Fermi Nat. Accel. Lab., Batavia
fYear
2006
fDate
17-20 Sept. 2006
Firstpage
402
Lastpage
405
Abstract
Modern scientific facilities are often outcomes of projects that are first-of-a-kind, that is, minimal historical data are available for project costs and schedules. However, at Fermilab, there was an opportunity to execute two similar projects consecutively. In this paper, a comparative study of the design costs for these two projects is presented using earned value methodology. This study provides some insights into how to estimate the cost of a replicated project.
Keywords
costing; innovation management; project management; Fermilab; design costs estimation; first-of-a-kind projects; modem scientific facilities; project schedules; replicated project cost; Buildings; Collaboration; Costs; Educational institutions; Government; History; Laboratories; Project management; Scheduling; US Department of Energy;
fLanguage
English
Publisher
ieee
Conference_Titel
Engineering Management Conference, 2006 IEEE International
Conference_Location
Bahia
Print_ISBN
1-4244-0285-9
Electronic_ISBN
1-4244-0286-7
Type
conf
DOI
10.1109/IEMC.2006.4279897
Filename
4279897
Link To Document