Improving Cost Estimates of Construction Projects Using【DOC精选】.docVIP

Improving Cost Estimates of Construction Projects Using Phased Cost Factors Li Liu1 and Kai Zhu2 Abstract: Central to cost-based competition is the capability to accurately predict the cost of delivering a project. Most literature on cost estimation focuses on specific estimation methods as generic techniques and little attention has been paid to the unique requirements at each project stage. This note attempts to identify the critical factors for effective estimation at various stages of typical construction projects. Drawing from organization control theory and cost estimating literature, th