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An Analysis of Estimated Costs Versu...
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Waugaman, Hunter.
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An Analysis of Estimated Costs Versus Actual Costs in Usace Section 14 Emergency Streambank Protection Projects.
Record Type:
Electronic resources : Monograph/item
Title/Author:
An Analysis of Estimated Costs Versus Actual Costs in Usace Section 14 Emergency Streambank Protection Projects./
Author:
Waugaman, Hunter.
Published:
Ann Arbor : ProQuest Dissertations & Theses, : 2021,
Description:
57 p.
Notes:
Source: Masters Abstracts International, Volume: 82-11.
Contained By:
Masters Abstracts International82-11.
Subject:
Engineering. -
Online resource:
https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28413294
ISBN:
9798728268994
An Analysis of Estimated Costs Versus Actual Costs in Usace Section 14 Emergency Streambank Protection Projects.
Waugaman, Hunter.
An Analysis of Estimated Costs Versus Actual Costs in Usace Section 14 Emergency Streambank Protection Projects.
- Ann Arbor : ProQuest Dissertations & Theses, 2021 - 57 p.
Source: Masters Abstracts International, Volume: 82-11.
Thesis (M.S.)--Marshall University, 2021.
This item must not be sold to any third party vendors.
The U.S. Army Corps of Engineers (USACE) Civil Works projects are designed to provide national management of water resources. These works use emergency streambank protection to protect public facilities, like bridges and highways. The projects under this authority have limited funding, therefore, many design and field studies are omitted, which increases project uncertainties resulting in cost overruns and contract modifications. This study analyzes previously constructed projects by comparing the independent government estimate with the contractor's actual costs and identifying the variables causing these differences via statistical analysis. The variables identified are categorized into those elements that affect the accuracy of the government estimate. From the findings of this categorization, a linear regression model was used in SPSS to identify which variables were predictors for causing cost overruns. From the analysis, it was found that 65.8% of the variance in the fourteen Section 14 projects selected can be predicted from the variable Rip Rap Placement and Material. Furthermore, 78.4% of the variance in these same projects can be predicted from the variables Rip Rap Placement and Material and Filter Fabric. These results serve as a basis for future Section 14 projects to identify which bid items affect the total cost the most and ensure to place adequate effort in estimating those items appropriately.
ISBN: 9798728268994Subjects--Topical Terms:
586835
Engineering.
Subjects--Index Terms:
Cost Overrun
An Analysis of Estimated Costs Versus Actual Costs in Usace Section 14 Emergency Streambank Protection Projects.
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The U.S. Army Corps of Engineers (USACE) Civil Works projects are designed to provide national management of water resources. These works use emergency streambank protection to protect public facilities, like bridges and highways. The projects under this authority have limited funding, therefore, many design and field studies are omitted, which increases project uncertainties resulting in cost overruns and contract modifications. This study analyzes previously constructed projects by comparing the independent government estimate with the contractor's actual costs and identifying the variables causing these differences via statistical analysis. The variables identified are categorized into those elements that affect the accuracy of the government estimate. From the findings of this categorization, a linear regression model was used in SPSS to identify which variables were predictors for causing cost overruns. From the analysis, it was found that 65.8% of the variance in the fourteen Section 14 projects selected can be predicted from the variable Rip Rap Placement and Material. Furthermore, 78.4% of the variance in these same projects can be predicted from the variables Rip Rap Placement and Material and Filter Fabric. These results serve as a basis for future Section 14 projects to identify which bid items affect the total cost the most and ensure to place adequate effort in estimating those items appropriately.
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https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28413294
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