Study on project cost estimation techniques in construction project (MBA Project Management)
2000
MBA Project Type: Project Management
ID: 1011
Description: Effective cost estimation process is a key to the success of a construction project. The preparation of cost estimate for a project is one of the most difficult tasks in project management. Nowadays, successful cost estimating has to be based on thorough and updated information, and processed utilizing a well designed estimating software.
The aim of this project report has been to explore the local practice in construction cost estimating and develop a cost estimating system to facilitate the local estimating practice mainly in building construction. Construction cost estimating related literature has been generally reviewed; meanwhile some estimating software packages have been reviewed also.