Risk Matrix Capital Projects Cost of Estimating
T-4 Failure to identify and document cost estimating standards and provide written policies and procedures to persons responsible for preparing, supporting and reviewing cost estimates.
T-10 Excessive reliance on individual personal judgement where historical experience or cost estimating standards are available.
THREATS NEIGHBORHOOD SERVICES DEPARTMENT:
T-6 Inadequate staff training in the preparation, review and approval of cost estimates.
T-5 Inadequate staff training in the preparation, review and approval of cost estimates.
REDEVELOPMENT AGENCY: T-12 Inconsistent application of cost estimating techniques.
T-1 Failure to define and assign departmental priorities and responsibilities in the cost estimating process.
T-9 Absence of documented analytical support for significant proposed cost amounts.
T-15 Failure to apply prescribed cost estimating standards to contract revisions and change orders.
T-14 Failure to apply prescribed cost estimating standards to contractor cost reviews.
T-2 Inadequate coordination of cost estimating efforts within the agency.
T-3 Inadequate coordination of cost estimating efforts within the Department.
T-16 Inadequate supervision and internal review of cost estimating techniques, practices and results. PUBLIC WORKS DEPARTMENT: T-8 Failure to integrate relevant parts of other management systems with the estimating system so that the ability to generate reliable cost estimates is impaired. T-7 Failure to assure that relevant historical experience is available to and utilized by cost estimators. A A A A A A T-13 Failure to identify sources of data used in developing cost A estimates. A C-1 Trained qualified and experienced personnel. C-2 Documented policies and procedures. C-3 Cost estimates are requested by Department Heads. C-4 A request for service form must be sent to the Real Estate Section. C-5 External sources of information are used by appraisers in preparing cost estimates. C-6 Internal
T-10 Excessive reliance on individual personal judgement where historical experience or cost estimating standards are available.
THREATS NEIGHBORHOOD SERVICES DEPARTMENT:
T-6 Inadequate staff training in the preparation, review and approval of cost estimates.
T-5 Inadequate staff training in the preparation, review and approval of cost estimates.
REDEVELOPMENT AGENCY: T-12 Inconsistent application of cost estimating techniques.
T-1 Failure to define and assign departmental priorities and responsibilities in the cost estimating process.
T-9 Absence of documented analytical support for significant proposed cost amounts.
T-15 Failure to apply prescribed cost estimating standards to contract revisions and change orders.
T-14 Failure to apply prescribed cost estimating standards to contractor cost reviews.
T-2 Inadequate coordination of cost estimating efforts within the agency.
T-3 Inadequate coordination of cost estimating efforts within the Department.
T-16 Inadequate supervision and internal review of cost estimating techniques, practices and results. PUBLIC WORKS DEPARTMENT: T-8 Failure to integrate relevant parts of other management systems with the estimating system so that the ability to generate reliable cost estimates is impaired. T-7 Failure to assure that relevant historical experience is available to and utilized by cost estimators. A A A A A A T-13 Failure to identify sources of data used in developing cost A estimates. A C-1 Trained qualified and experienced personnel. C-2 Documented policies and procedures. C-3 Cost estimates are requested by Department Heads. C-4 A request for service form must be sent to the Real Estate Section. C-5 External sources of information are used by appraisers in preparing cost estimates. C-6 Internal