Estimating the cost of capital projects: An empirical study of accuracy levels for municipal government projects

Canadian Journal of Civil Engineering

Volumn 29, Issue 5, 2002, Pages 653-661

  AbouRizk, S M ^a   Babey, G M ^a   Karumanasseri, G ^a  

^a UNIVERSITY OF ALBERTA   (Canada)

Author keywords

Budgeting; Construction costs; Estimating; Variability in capital costs

Indexed keywords

COSTS; DRAINAGE; ESTIMATION; ROAD CONSTRUCTION;

MUNICIPAL WORKS;

PROJECT MANAGEMENT;

CONSTRUCTION; ECONOMICS;

EID: 0036027027     PISSN: 03151468     EISSN: None     Source Type: Journal    
DOI: 10.1139/l02-046     Document Type: Article

References (9)

1. AbouRizk, S.M., and Babey, G. 2000. Follow-up audit report, project management - Cost estimating. Audit Report Summary, The City of Edmonton, Edmonton, Alta.
2. City of Edmonton. 1993. Corporate Wide Review - Project Management Audit. Office of the Auditor-General, The City of Edmonton, Edmonton, Alta.
3. City of Edmonton. 1994. Assessment to Determine Reasons for Inaccurate/Budget Estimates (Ambulance Stations). Office of the Auditor-General, The City of Edmonton, Edmonton, Alta.
4. City of Edmonton. 1995. Proposed Amendments to the Public Works Department Capital Budget, Project Number 9435-7920, High Level Bridge Rehabilitation. City Managers Office, City Council, The City of Edmonton, Edmonton, Alta.
5. City of Edmonton. 1998. Value-for-money audit, project management - Cost estimating. Audit Report Summary, Office of the Auditor-General, The City of Edmonton, Edmonton, Alta.
6. City of Edmonton. 1999. Bylaw No. 12005: as amended - The City Administration Bylaw, Schedule A. Office of the Auditor-General, The City of Edmonton, Edmonton, Alta., 25 June 1999.
7. Cost Engineering. 1997. Recommended practice (draft): Cost estimate classification system. Cost Engineering, 39(4): 22-25.
8. SMA Consulting Ltd. 1998. The verification phase of the value-for-money audit: Project management - Cost estimating. Comprehensive Audit Report, The City of Edmonton, Edmonton, Alta.
9. SMA Consulting Ltd. 2000. Follow-up Audit Report, Project Management - Cost Estimating. The City of Edmonton, Edmonton, Alta.