Honors Program
University Honors
Date of Award
5-2018
Thesis Professor(s)
Jeremy Ross
Thesis Professor Department
Engineering Technology, Surveying, and Digital Media
Thesis Reader(s)
Joseph Shrestha, Jinseok Hong
Abstract
Considering the complexity of the construction industry, it is vital to predict costs accurately throughout the entire planning, design, and construction process of a project. Various factors such as overhead, delays, cost variation, and program and scope play significant roles in determining the viability and profitability of a project. Thus, it is important to learn about what makes construction estimates so variable even among expert estimators within the same company. This study will look at the estimation methods used by BurWil Construction Company and Denark Construction, Inc. for the ETSU Football Stadium and the ETSU Fine Arts Center, respectively, as case studies for both post- and in-development construction projects. The estimates used in different phases of the projects will be compared against the most current cost of the project; the final cost for the Football Stadium and the most up-to-date costs for the Fine Arts Center. Also, the different phases of design and construction and their corresponding estimates will be inspected thoroughly. As an ending discussion of the study, optimization efforts will be considered to assess how current planning and estimation methods can be improved to reduce cost and time for all parties involved in the project.
Publisher
East Tennessee State University
Document Type
Honors Thesis - Withheld
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Recommended Citation
Mitra, John Paul, "Optimizing Construction Estimation: A Case Study of the ETSU Football Stadium and the ETSU Fine Arts Center" (2018). Undergraduate Honors Theses. Paper 445. https://dc.etsu.edu/honors/445
Copyright
Copyright by the authors.