Using Engineering News Record (ENR), graph the construction cost index (CCI) (y-axis) vs. time from 2001-2011....

Using Engineering News Record (ENR), graph the construction cost index (CCI) (y-axis) vs. time from 2001-2011. 4 points per year - equally spaced. ENR is a weekly magazine. You will find the CCI in a section called Construction Economics and in the older issues a section called Market Trends. (Neatness Counts!)

Assume a project cost $400,000 in February 2012 - How much would this project cost in :

Feb 2013

Mar 2015

May 2017

Jan 2019

Feb 2025 (projection)

List 5 reasons why the actual cost may vary from your estimate.

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Expert Solution

Ally Wells answered 1 year ago

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