Airports Estimating Procurement Risk 
Job Order Contracting
AUGUST 20, 2023
A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.
The Constructor
NOVEMBER 10, 2011
The two former islands that were levelled comprise about 25% of the surface area of the airport’s 12.55 Land reclamation for the airport added nearly 1% to the entirety of Hong Kong’s surface area. The project is the most expensive airport project ever, according to Guinness World Records. km² platform.
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Job Order Contracting
JUNE 25, 2018
This is a significant improvement over the months and years required by traditional construction procurement and delivery processes. Rapidly and Easily Cost Estimate All Construction Requirements. Mitigate Risk. Maximize Performance of Physical Infrastructure (Buildings, Roads, Dams, Bridges, Airports, Mass Transit…).
Building Information Management
OCTOBER 26, 2015
The Need for Credible Construction Cost Estimates. GAO and other studies/reports consistently report that errors and lack of due diligence with respect to original construction cost estimates are primary reasons for negative cost and schedule impacts, and overall poor project performance and outcomes.
The Constructor
SEPTEMBER 10, 2012
Organizing projects means defining roles and responsibilities, create a project charter, and develop high-level time and cost estimates. While doing planning for the project, effective and clear estimate of the time and costs are done. Team members monitor and control progress in terms of cost, time, and quality; and manage risk.
The Constructor
NOVEMBER 11, 2011
RECOMMENDED FOR YOU Building Hong Kong’s Airport Close All rights reserved.
The Constructor
NOVEMBER 8, 2011
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