Category: Pre-Design
1C. Project Cost and Feasibility

Minimum Project Cost and Feasibility Experience: 40 Hours

Definition: Analyze and/or establish project costs relative to project conditions and owner’s budget.

Tasks:

At the completion of your internship, you should be able to:

• Perform or review a feasibility study to determine the cost and/or technical advisability of a proposed project
• Establish preliminary project scope, budget, and schedule

Knowledge of/Skill in: 

• Project financing and funding
• Project delivery methods
• Construction sequencing
• Cost estimating
• Value engineering
• Life cycle analysis
• Project budget management
• Critical thinking (e.g., analysis, synthesis, and evaluation of information)