Engineering Commons^™

Cost Evaluation For Traffic And Transport Infrastructure Projects Taking Account Of Project Risks, Rudolf Poettler, H. F. Schweiger

Geohazards

The realisation of large transport infrastructure projects is influenced by a wide range of different factors. The general expectation that a project should be carried out under defined boundary conditions within the planned period and on budget requires a high level of design, planning and controlling. This paper discusses standardised comprehensible fundamental rules and guidelines for defining project costs and project budgets of infrastructure projects taking into account risk assessment and risk management. Adhering to these guidelines and rules contributes to ensure that the structure can be built in the required quality, on schedule and on budget, as well as …