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Airport Capital Improvements: Developing a Cost-Estimating Model and Database (2014) / Chapter Skim
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Pages 24-25

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From page 24...
... CHAPTER 4: CONCLUSIONS AND SUGGESTED RESEARCH After an iterative process consisting of several rounds of data collection, the Research Team created a cost database consisting of 251 observations of historical airport construction projects. The parametric cost estimating methodology was used to develop CERs for eight construction types.
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From page 25...
... Overall, however, the Research Team concludes that the objective of producing a cost database and model based on parametric cost estimating has been met. Recommendations for future work focus on establishing guidelines for expanding the cost database.
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