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COURSES ESTIMATING METHODOLOGIES FOR SUBSTATIONS AND TRANSMISSION PROJECTS June 2526, 2019 EPCI Conference Center Denver, CORRELATED EVENT FUNDAMENTALS OF ELECTRICITY TRANSMISSION June 2425, 2019
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Cost estimating methodologies are used to predict the costs associated with a project or initiative before it begins.
Government agencies and organizations involved in projects that have a significant cost impact are required to file cost estimating methodologies.
Cost estimating methodologies can be filled out by using historical data, expert judgment, and industry benchmarks to estimate the cost of a project.
The purpose of cost estimating methodologies is to provide an accurate estimate of the costs associated with a project, allowing for better planning and budgeting.
Cost estimating methodologies must include detailed breakdowns of all estimated costs, as well as any assumptions or uncertainties in the estimates.
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