WTS

Join WTS Central Virginia for a 1-Day Conceptual Estimating Course and earn 7 hours of CEU's! Breakfast and lunch will be provided at this event.


VDOT’s 1-Day Conceptual Cost Estimating Course is now being offered around the state by the Cost Estimation Office. This day long course takes the participants through the various steps of preparing a conceptual project cost estimate from determining the Purpose and Need all the way through to the Cost Estimate Package / CEWB. The course has been designed and is focused on professionals with 1 to 5 years of experience, charged with developing cost estimates for funding applications. This includes VDOT personnel as well as consultants and locality personnel. The participants will also receive the latest resources available to the VDOT estimating practitioner. The topics include:

  • Identify Purpose & Need
  • Conceptual Design Layout
  • Design Assumptions
  • Basic Project Schedule
  • Estimate Components PE, ROW & CN
  • Construction Costs
  • Preliminary Engineering Costs
  • Right of Way & Utility Costs
  • Risk Identification and Risk-based Contingencies
  • Inflation
  • Cost Estimation Package (CEP) & Cost Estimate Workbook (CEWB)