Estimating – Factors affecting accuracy of early stage building cost estimates

| July 28, 2016

Paper , Order, or Assignment Requirements

Scenario: Accurate estimation of the construction cost of a project is extremely important. Various studies have focused on identifying the factors the have some influence on the accuracy of estimating the costs of buildings.

 

Task: Is a research write-up on factors affecting accuracy of early stage building cost estimates. Explain how the below factors effect the accuracy of building cost estimating and suggest how to minimize their effects:

MATERIAL MARKET

  1. Material Prices
  2. material Quality
  3. Market Availability

 

Formatting guide:

– Introduction and conclusion

– Flow of arguments

– Arguments should be supported with appropriate tables and graphs

– List of references

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