1 / 10

Earth Tech TRACER Presentation to the TEA/TUG Conference Mobile, AL October 10, 2004

Earth Tech TRACER Presentation to the TEA/TUG Conference Mobile, AL October 10, 2004. Suite of Technology Tools. PACES (PArametric Cost Engineering System) – Co-patent with Air Force. RACER (Remedial Action Cost Engineering Requirements) – Co-patent with Air Force.

ulani
Download Presentation

Earth Tech TRACER Presentation to the TEA/TUG Conference Mobile, AL October 10, 2004

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Earth Tech TRACER Presentationto the TEA/TUG ConferenceMobile, ALOctober 10, 2004

  2. Suite of Technology Tools • PACES (PArametric Cost Engineering System) – Co-patent with Air Force. • RACER (Remedial Action Cost Engineering Requirements) – Co-patent with Air Force. • TRACER (TRAnsportation Cost Engineering Requirements) – AASHTO-funded. • PACES-DS, and RACER-DS. • “Wrapper” Technology. Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

  3. Background • What is parametric cost estimating? • How can cost-based parametric cost models help? • What is the degree of accuracy? • How is the cost data generated? Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

  4. Improving the Estimating ProcessThat was then… • Historical / Bid-Based Approaches. • Detailed Material Take-offs. Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

  5. Improving the Estimating ProcessThis is now… • Parametric Model – “Conceptually, a bridge is always a bridge…” • Inputs – Parametric Model – Detailed Estimate. • Custom-Tailored Reporting Capability. Earth Tech TRACER Presentation Parsons Corporation, Denver, CO October 5, 2004

  6. Benefits • Ensures consistent cost estimates. • Aligns scope, expectations, and budget. • Generates accurate, quantified and defensible estimates. • Allows easy alternative analysis (VE). Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

  7. Integration to the Construction Lifecycle Plan Design Replacement Build O & M Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

  8. Project Types Projects: Project Reviews (Charrettes), Programming, GASB 34, FEMA Clean-Up Estimates, Cost Model Building, Masterplanning, and Risk Mitigation Projects. Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

  9. Status of TRACER • AASHTO-funded. • Anticipated release in Summer ’05. • Future phases of development under review by AASHTO and other member DOTs. Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

  10. Thank You Kirk E. Rabius, P.E. Section Manager Kyle Knudson TRACER Product Line Manager Earth Tech TRACER Presentation TEA/TUG Conference October 10, 2004

More Related