Risk-Based Cost Estimation (RBCE) Information

Overview

CDOT’s goal is to improve its risk-based cost estimation methodology to optimize program delivery. This page includes information on best practices, challenges, and lessons learned from other state programs, and will continually be updated as CDOT explores developing its own program.

RBCE Peer Exchange, May 11-12, 2016

From May 11-12, 2016, a peer exchange was held to learn about best practices, challenges and lessons from other state programs, including FDOT, GDOT, MnDOT, NDOT, ODOT and WSDOT.

Representatives from across CDOT participated to provide education and begin to build buy-in across the state.

Meeting Materials and Resources