Purpose of project formulation

  1. Establishing and refining development objective
  2. Evaluating technical design considerations
  3. Acquiring property necessary for the project
  4. Preparing costs estimates (scoping, preliminary and final)
  5. Conducting Cost Analyses (Benefit/Cost and Life Cycle)
  6. Conducting Environmental reviews (NEMA, etc.)
  7. Coordinating with FAA Technical Operations
  8. Preparing technical specification and project drawings
  9. Conducting Safety Risk Management Assessment
  10. Bid letting costs
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