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Methods of pricing projects in developing countries
Abstract The method pricing described is an attempt to formulate a practical but simple procedure for predicting construction costs. It can be applied in any developing country where characteristically there is very little reliable cost information. The objective is to maximise the accuracy of the price while minimising the estimating time and cost within the constraints of limited historical data. The method involves classification into major and minor cost items and simple forecasting procedures for individual items and unit price. The procedure is illustrated with examples from Thailand using locally available data.
Methods of pricing projects in developing countries
Abstract The method pricing described is an attempt to formulate a practical but simple procedure for predicting construction costs. It can be applied in any developing country where characteristically there is very little reliable cost information. The objective is to maximise the accuracy of the price while minimising the estimating time and cost within the constraints of limited historical data. The method involves classification into major and minor cost items and simple forecasting procedures for individual items and unit price. The procedure is illustrated with examples from Thailand using locally available data.
Methods of pricing projects in developing countries
Scott, D. (author) / Rahman, K.M.F. (author)
Building and Environment ; 13 ; 233-241
1978-01-01
9 pages
Article (Journal)
Electronic Resource
English
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