Cost Modelling

Cost Modelling PDF Author: M. Skitmore
Publisher: Routledge
ISBN: 1135823634
Category : Architecture
Languages : en
Pages : 500

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Book Description
Cost models underlie all the techniques used in construction cost and price forecasting, yet until relatively recently industry has been unfamiliar with their characteristics and properties. An understanding of the various types of cost model is vital to enable effective cost control and the development of future forecasting techniques. This volume brings together more than 20 seminal contributions to building cost modelling and introduces the major landmarks in progress and thinking in this field: * strategies and directions * explorations in cost modelling * cost-product/process modelling * dealing with uncertainty The strong techniques bias of this book will appeal to construction professionals involved in estimating, as well as researchers and students of building economics.

Cost Modelling

Cost Modelling PDF Author: M. Skitmore
Publisher: Routledge
ISBN: 1135823634
Category : Architecture
Languages : en
Pages : 500

Get Book Here

Book Description
Cost models underlie all the techniques used in construction cost and price forecasting, yet until relatively recently industry has been unfamiliar with their characteristics and properties. An understanding of the various types of cost model is vital to enable effective cost control and the development of future forecasting techniques. This volume brings together more than 20 seminal contributions to building cost modelling and introduces the major landmarks in progress and thinking in this field: * strategies and directions * explorations in cost modelling * cost-product/process modelling * dealing with uncertainty The strong techniques bias of this book will appeal to construction professionals involved in estimating, as well as researchers and students of building economics.

Cost Modelling

Cost Modelling PDF Author: Martin Skitmore
Publisher: Taylor & Francis
ISBN: 0419192301
Category : Building
Languages : en
Pages : 500

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Book Description
Cost models underlie all the techniques used in construction cost and price forecasting. An understanding of the various types of models is vital to the success of forecasting, implications of design decisions and to effective cost control.

Cost Studies of Buildings

Cost Studies of Buildings PDF Author: Allan Ashworth
Publisher: Routledge
ISBN: 1317484142
Category : Technology & Engineering
Languages : en
Pages : 739

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Book Description
This practical guide to cost studies of buildings has been updated and revised throughout for the 6th edition. New developments in RICS New Rules of Measurement (NRM) are incorporated throughout the book, in addition to new material on e-business, the internet, social media, building information modelling, sustainability, building resilience and carbon estimating. This trusted and easy to use guide to the cost management role: Focuses on the importance of costs of constructing projects during the different phases of the construction process Features learning outcomes and self-assessment questions for each chapter Addresses the requirements of international readers From introductory data on the construction industry and the history of construction economics, to recommended methods for cost analysis and post-contract cost control, Cost Studies of Buildings is an ideal companion for anyone learning about cost management.

Cost Planning of PFI and PPP Building Projects

Cost Planning of PFI and PPP Building Projects PDF Author: Abdelhalim Boussabaine
Publisher: Routledge
ISBN: 1134224877
Category : Architecture
Languages : en
Pages : 296

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Book Description
This topical and timely book presents and innovative approach to dealing with the complexities of cost planning in PFI. PFI/PPP projects have a significantly different costing environment from conventionally procured projects, requiring cost analysts to use their expertise and innovative thinking to develop whole-life cost solutions that deliver value for money to the client, thus improving public building assets performance. Abdelhalim Boussabaine provides a thorough grounding in the theory of PFI, from its early evolution through to examples of current projects. In particular, the rationale for private financing of public services, arguments for and against PFI and 'value for money' mechanisms are discussed. The book presents an innovative framework for whole-life value and calls for changes in the way whole life cycle value is perceived, created and exchanged. Cost Planning of PFI and PPP Building Projects provides the reader with existing knowledge as well as present innovative thinking for future development and management of PFI/PPP cost planning processes. Given the importance and novelty of this book, academics, professionals, undergraduate and postgraduate students will find this book valuable.

Building in Value: Pre-Design Issues

Building in Value: Pre-Design Issues PDF Author: Rick Best
Publisher: Routledge
ISBN: 1135139059
Category : Architecture
Languages : en
Pages : 412

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Book Description
*Offers a practical approach to cost-effectiveness. *Provides an introduction to a set of widely applicable decision making tools. *Discusses startegic, financial and construction management techniques.

Ferry and Brandon's Cost Planning of Buildings

Ferry and Brandon's Cost Planning of Buildings PDF Author: Richard Kirkham
Publisher: John Wiley & Sons
ISBN: 1119968623
Category : Technology & Engineering
Languages : en
Pages : 357

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Book Description
This new edition of the classic quantity surveying textbook retains its basic structure but has been thoroughly updated to reflect recent changes in the industry, especially in procurement. Although over the last 20 years a number of new procurement methods have evolved and become adopted, the recession has seen many clients revert to established traditional methods of procurement so the fundamentals of cost planning still apply - and should not be ignored. The first edition of this leading textbook was published in 1964 and it continues to provide a comprehensive introduction to the practice and procedures of cost planning in the procurement of buildings. This 9th edition has been thoroughly updated to reflect changes that have occurred in the UK construction industry in the past six years. Whilst retaining its core structure of the three-phase cost planning process originally developed by Ferry and Brandon, the text provides a thorough grounding in contemporary issues including procurement innovation, whole life cycle costing and modelling techniques. Designed to support the core cost planning studies covered by students reading for degrees in quantity surveying and construction management, it provides a platform for understanding the fundamental importance of effective cost planning practice. The principals of elemental cost planning are covered from both pre- and post- contract perspectives; the role of effective briefing and client/stakeholder engagement as best practice is also reinforced in this text. This new edition: Addresses The Soft Landings Framework (a new govt. initiative, especially for schools) to make buildings perform radically better and much more sustainably. Puts focus on actual performance in use at brief stage, during design and construction, and especially before and after handover. Covers recent changes in procurement, especially under the NEC and PFI Provides more on PPP and long-term maintenance issues Offers an improved companion website with tutorial worksheets for lecturers and Interactive spreadsheets for students, e.g. development appraisal models; lifecycle costing models

Measuring Construction

Measuring Construction PDF Author: Rick Best
Publisher: Routledge
ISBN: 1134687214
Category : Technology & Engineering
Languages : en
Pages : 279

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Book Description
Despite the size, complexity and importance of the construction industry, there has been little study to date which focuses on the challenge of drawing reliable conclusions from the available data. The accuracy of industry reports has an impact on government policy, the direction and outcomes of research and the practices of construction firms, so confusion in this area can have far reaching consequences. In response to this, Measuring Construction looks at fundamental economic theories and concepts with respect to the construction industry, and explains their merits and shortcomings, sometimes by looking at real life examples. Drawing on current research the contributors tackle: industry performance productivity measurement construction in national accounts comparing international construction costs and prices comparing international productivity The scope of the book is international, using data and publications from four continents, and tackling head on the difficulties arising from measuring construction. By addressing problems that arise everywhere from individual project documentation, right up to national industrial accounts, this much-needed book can have an impact at every level of the industry. It is essential reading for postgraduate construction students and researchers, students of industrial economics, construction economists and policy-makers.

Principles of Basic Construction Economics in the 21st Century

Principles of Basic Construction Economics in the 21st Century PDF Author: Clinton Ohis Aigbavboa
Publisher: Emerald Group Publishing
ISBN: 183549840X
Category : Technology & Engineering
Languages : en
Pages : 114

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Book Description
Principles of Basic Construction Economics in the 21st Century unravels and takes account of the widening and more sophisticated cost management and control services required by the discerning client in today’s construction industry.

Handbook of Research on Advances in Data Analytics and Complex Communication Networks

Handbook of Research on Advances in Data Analytics and Complex Communication Networks PDF Author: P. Venkata Krishna
Publisher: IGI Global
ISBN: 179987687X
Category : Computers
Languages : en
Pages : 297

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Book Description
"This edited book discusses data analytics and complex communication networks and recommends new methodologies, system architectures, and other solutions to prevail over the current limitations faced by the field"--

Development of a Forecasting Model to Predict the Downturn and Upturn of a Real Estate Market in the Inland Empire

Development of a Forecasting Model to Predict the Downturn and Upturn of a Real Estate Market in the Inland Empire PDF Author: Thomas F. Flynn
Publisher: Universal-Publishers
ISBN: 1599423944
Category : Business & Economics
Languages : en
Pages : 379

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Book Description
Amidst the dramatic real estate fluctuations in the first decade of the twenty-first century, this study recognized that there is a necessity to create a real estate prediction model for future real estate ventures and prevention of losses such as the mortgage meltdown and housing bust. This real estate prediction model study sought to reinstall the integrity into the American building and development industry, which was tarnished by the sudden emergence of various publications offering get-rich-quick schemes. In the fast-paced and competitive world of lending and real estate development, it is becoming more complex to combine current and evolving factors into a profitable business model. This prediction model correlated past real estate cycle pinpoints to economical driving forces in order to create an ongoing formula. The study used a descriptive, secondary interpretation of raw data already available. Quarterly data was taken from the study's seven independent variables over a 24-year span from 1985 to 2009 to examine the correlation over two real estate cycles. Public information from 97 quarters (1985-2009) was also gathered on seven topics: consumer confidence, loan origination volume, construction employment statistics, migration, GDP, inflation, and interest rates. The Null hypothesis underwent a test of variance at a .05 level of significance. Multiple regression analysis uncovered that four of seven variables have correlated and could predict movement in real estate cycle evidence from previous data, based in the Inland Empire. GDP, interest rates, loan origination volume, and inflation were the four economical driving variables that completed the Inland Empire's real estate prediction model and global test. Findings from this study certify that there is correlation between economical driving factors and the real estate cycle. These correlations illustrate patterns and trends, which can become a prediction model using statistics. By interpreting and examining the data, this study believes that the prediction model is best utilized through pinpointing an exact numerical location by running calculations through the established global equation, and recommends further research and regular update of quarterly trends and movements in the real estate cycle and specific variables in the formula.