includes the processes needed
to complete a project or proposed
project within an approved budget.
These processes include
estimating costs, creating budgets
and controlling costs over the
life of the project.
Detailed construction cost estimating information is provided in the Cost Estimating Guideline (pdf 2.7m). The purpose of the guideline is to provide guidance to NJDOT employees and others in the methodology for developing, documenting, reviewing and updating construction cost estimates throughout the project development process.
Jersey Department of
will be completing a process
improvement project to
implement cost management
processes, tools and techniques. Please use
Schedule and Budget Management
457k) until this is