1.011 Project Evaluation, Spring 2005

1.011 examines methodologies for evaluating civil engineering projects, which typically are large-scale, long-lived projects involving many economic, financial, social, and environmental factors. Topics covered include: basic techniques of engineering economics including net present value analysis,...

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Bibliographic Details
Main Author: Martland, Carl D.
Other Authors: Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
Format: Learning Object
Language:en-US
Published: 2005
Subjects:
Online Access:http://hdl.handle.net/1721.1/75001
Description
Summary:1.011 examines methodologies for evaluating civil engineering projects, which typically are large-scale, long-lived projects involving many economic, financial, social, and environmental factors. Topics covered include: 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; and incorporating service quality, risk, environmental impacts, and other factors within the evaluation process. Examples are 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.