Cost And Revenue Estimation Methods In Road Infrastructure Projects: A Comparative Study Of Projects
DOI:
https://doi.org/10.64252/jfz5cf88Keywords:
Detailed Project Reports (DPRs), Cost and Revenue Model, Road Infrastructure Projects, Risk Assessment, Financial Viability, Build-Operate-Transfer (BOT), Design-Build-Finance-Operate-Transfer (DBFOT), Wholesale Price Index (WPI), Public-Private Partnerships (PPP).Abstract
This paper examines the use of the Cost and Revenue Estimation Model in road infrastructure projects, focusing on four distinct projects. The study aims to assess the effectiveness of this model in accurately forecasting project costs, revenues, and the overall financial viability of each project over a given period. Using DPRs as the primary source, this research highlights trends, challenges, and key factors influencing project performance and also evaluating the influence of variables such as project scale, location, and time period on estimation methods. Ultimately, the study provides valuable insights into best practices for infrastructure cost estimation, with recommendations for improving model reliability and risk assessment in future projects.
