1.011 Project Evaluation, Spring 2003

Abstract

Methodologies for evaluating civil engineering projects, which typically are large-scale, long-lived projects involving many economic, financial, social, and environmental factors. Basic techniques of engineering economics, including net present value analysis, life-cycle costing, benefit-cost analysis, and other approaches to project evaluation. Resource and cost estimation procedures appropriate for large-scale infrastructure systems. Examples drawn from building design and construction, transportation systems, urban development, environmental projects, water resource management, and other elements of both the public and private infrastructure.