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    Why forecasted initial project price is lower in developing countries

    241229_Hamyrad 2015.pdf (1.656Mb)
    Access Status
    Open access
    Authors
    Hamyrad, Reza
    Date
    2015
    Supervisor
    Assoc. Prof. Andrew Whyte
    Dr. Navid Nikraz
    Type
    Thesis
    Award
    MPhil
    
    Metadata
    Show full item record
    School
    Department of Civil Engineering
    URI
    http://hdl.handle.net/20.500.11937/1555
    Collection
    • Curtin Theses
    Abstract

    Although there are various factors for the initial project price to be lower in the developing countries, poor front end loading and lack of knowledge in the scope of work can be considered as the most responsible factors for project cost estimation usually being unrealistic. This research focuses on bench marking ‘similar’ projects in both developing and developed countries, their costs and will discuss how prices can potentially change throughout the project life cycle.

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