Cost Modelling (Foundations of Building Economics Series)

Book Cover......Page 1
Half-Title......Page 2
Title......Page 3
Copyright......Page 4
Dedication......Page 5
Contents......Page 6
Series Preface......Page 9
Preface......Page 11
List of sources and acknowledgements......Page 13
Introduction to the Readings......Page 15
1 Strategies and directions......Page 34
1.1 Building cost research: need for a paradigm shift?......Page 37
1.2 Models in building economics: a conceptual framework for the assessment of performance......Page 45
1.3 A future for cost modelling......Page 53
1.4 Developments in contract price forecasting and bidding techniques......Page 61
1.5 An agenda for cost modelling......Page 90
1.6 The relative performance of new and traditional cost models in strategic advice for clients......Page 107
2 Explorations in cost modelling......Page 168
2.1 A new approach to single price rate approximate estimating......Page 171
2.2 Predesign cost estimating function for buildings......Page 186
2.3 Some examples of the use of regression analysis as an estimating tool......Page 204
2.4 Cost optimisation of buildings......Page 218
2.5 Predicting the tender price of buildings in the early design stage: method and validation......Page 237
3 Cost-product modelling......Page 252
3.1 An investigation into building cost relationships of the following design variables: storey height, floor loading, column spacing, number of storeys......Page 254
3.2 The relationship between construction price and height......Page 272
3.3 Cost performance modelling......Page 281
3.4 The effect of location and other measurable parameters on tender levels......Page 295
4 Cost-process modelling......Page 309
4.1 Cost consequences of design decisions: cost of contractors’ operations......Page 312
4.2 General purpose cost modelling......Page 325
4.3 Simulation applied to construction projects......Page 332
4.4 Cost modelling: a process modelling approach......Page 372
4.5 Automatic resource based cost-time forecasts......Page 382
5 Dealing with uncertainty......Page 392
5.1 One statistician’s view of estimating......Page 395
5.2 Accuracy in estimating......Page 407
5.3 The accuracy of quantity surveyors’ cost estimating......Page 430
5.4 Experiments in probabilistic cost modelling......Page 450
5.5 The accuracy and monitoring of quantity surveyors’ price forecasting for building work......Page 460
Selected Bibliography......Page 481
Index......Page 490