Register today for the National Highway Institute’s (NHI’s) first eBook course, Probabilistic Risk-Based Estimating (PRBE) for Highway Project Cost and Schedule (FHWA-NHI-134205). This self-paced, interactive training provides learners an awareness of the concepts and recommended processes to successfully implement PRBE procedures in their organization.
Learners will use the eBook as a reference to understand basic terminology, fundamental concepts, and recognize good practices when structuring a project for risk assessment. Throughout the eBook, the learner is challenged to relate the knowledge learned to their real-world experiences using examples, case studies, and engaging interactive questions.
The cost of the eBook is $50.00 and can be downloaded directly from the NHI website, once registration is complete. Upon completing this course, learners will be able to:
– Properly set up and structure a cost estimate for risk assessment.
– Utilize risk assessment to develop reliability estimates of cost and schedule and identify significant project risks.
– Recognize how to set up a successful risk workshop for input to risk assessment.
– Present risk workshop results to leadership for improved decision-making.
– Who Should Register?
This eBook training is ideal for anyone interested in improving the reliability of highway project estimates. State departments of transportation, and consultants, including estimators, or planners, that prepare estimates during specific project phases or across the entire project development process are the primary audience for this training.
Agency management and project managers, who rely on the identification of project risks, can use this training to become familiar with the recommended process to develop reliability-based estimates and identify significant risks to project objectives. Subject matter experts (e.g. environment, right-of-way, or construction) who may participate in risk elicitation workshops can benefit by understanding the process and knowing how to contribute.
Learners should have experience with basic project cost estimating, or be familiar with cost estimating terminology, such as that provided by the American Association of State Highway and Transportation Officials Practical Guide to Cost Estimating.
Sign up and improve your ability to effectively manage your highway projects with PRBE today!