@article{leo_owner_2009,
	title = {Owner {Review} {Process} for {Mega}-{Project} {Estimates}},
	issn = {15287106},
	url = {http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=48225929&site=ehost-live},
	abstract = {We are witnessing an unparalleled explosion in the complexity, scope and size of today's mega projects. Yesterday's multi-million dollar projects are dwarfed by today's multi-billion dollar projects. The volume of information, required to compile a complete capital project estimate (Capex), as well as, the corresponding operational project estimate (Opex) for these mega-projects, is immense. Many of the tried and true estimate review procedures that were adequate for smaller projects need to be expanded for the megaproject. Many times because of the owner's rush to sanction, high level benchmarking is the norm, rather than a detailed review of the project estimate. Therefore, the review process cannot wait to start until the estimate is near completion, but rather must be started long before the estimate has formally begun. This paper will present the necessary steps to provide a comprehensive review of estimates for mega-projects. Many of the steps, while not required at the same level of complexity for smaller projects, will be extremely helpful in an abbreviated form.},
	urldate = {2019-03-09},
	journal = {AACE International Transactions},
	author = {Leo, Douglas W.},
	month = jun,
	year = {2009},
	keywords = {Benchmarking, Benchmarking (Management), Building estimates, Capital, Construction contracts, Construction projects, Estimates, Project management, Scheduling, Subcontracting, and scope, capital, cost, deliverables, estimation, mega projects, schedule},
	pages = {EST.06.1--EST.06.9}
}

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