Engineering
8 years ago

New Study Reveals Best Practices to Reduce Budget Overruns in Transportation Projects

Best Practices from WisDOT Mega and ARRA Projects - Statistical Analysis and % Time vs. % Cost Metrics
Justin Kavanaugh, Gary Whited

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The study looked at how to improve highway construction practices by analyzing data from Wisconsin Department of Transportation projects. They identified the best practices for managing construction projects and compared the time and cost performance of different types of projects. The research found that heavy construction projects have more predictable spending and time patterns compared to electrical/mechanical projects. By using these best practices and comparing project performance to benchmarks, project managers can better control budgets and schedules, reducing waste and improving the efficiency of transportation projects.