Course Highlights
This course site features a selection of student term projects, along with lecture notes and other materials used by students in the course.
Course Description
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.
Technical Requirements
Microsoft® Excel software is recommended for viewing the .xls files found on this course site. Free Microsoft® Excel viewer software can also be used to view the .xls files.