Instructor's Manual to Accompany Project Management for Engineering and Construction 2nd Edition by Oberlender

Exercise 7

Use the time and location indices in Example 5-2 to estimate the cost of a building that contains 64,500 square feet or floor area. The building is to be constructed two years from now in city A. The cost of a similar type building that contains 95,000 square feet was completed last year in city C for a cost of $7,790,000.