Estimating design costs for first-of-a-kind projects
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.
- Authors:
- Publication Date:
- Research Org.:
- Fermi National Accelerator Lab. (FNAL), Batavia, IL (United States)
- Sponsoring Org.:
- USDOE
- OSTI Identifier:
- 879083
- Report Number(s):
- FERMILAB-CONF-06-042
TRN: US0701141
- DOE Contract Number:
- AC02-76CH03000
- Resource Type:
- Conference
- Resource Relation:
- Conference: Presented at IEEE International Engineering Management Conference, Salvador, Brazil, 17-20 Sep 2006
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 43 PARTICLE ACCELERATORS; DESIGN; FERMILAB; MANAGEMENT; SCHEDULES; Accelerators
Citation Formats
Banerjee, Bakul, and /Fermilab. Estimating design costs for first-of-a-kind projects. United States: N. p., 2006.
Web.
Banerjee, Bakul, & /Fermilab. Estimating design costs for first-of-a-kind projects. United States.
Banerjee, Bakul, and /Fermilab. 2006.
"Estimating design costs for first-of-a-kind projects". United States. https://www.osti.gov/servlets/purl/879083.
@article{osti_879083,
title = {Estimating design costs for first-of-a-kind projects},
author = {Banerjee, Bakul and /Fermilab},
abstractNote = {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.},
doi = {},
url = {https://www.osti.gov/biblio/879083},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Wed Mar 01 00:00:00 EST 2006},
month = {Wed Mar 01 00:00:00 EST 2006}
}
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