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Home > Terms > English, UK (UE) > Scope, cost, and risk evaluation (SCORE)
Scope, cost, and risk evaluation (SCORE)
A peer level review/due diligence analysis on the scope schedule and cost estimate for projects. Evaluates the quality and completeness, including anticipated risk and variability, of the projected cost and schedule. (Some call this “CEVP light.” See also CEVP.)
Objective: The SCoRE workshop is intended to provide an Evaluation of the cost and schedule estimates for a WSDOT or Regional transportation project. It considers data about the project brought by representatives of the project team. The depth, detail and completeness of the project team information will be a determining factor in the final SCoRE output and it is critical to have a clearly defined scope for the project at the beginning of the workshop. If there is uncertainty about scope, this issue must be resolved at the start of the session.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Business services
- Category: Project management
- Company: WSDOT
- Product:
- Acronym-Abbreviation:
Other Languages:
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