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dc.contributor.authorBaccarini, David
dc.contributor.editorRuneson, G
dc.contributor.editorBest, R.
dc.date.accessioned2017-01-30T13:14:05Z
dc.date.available2017-01-30T13:14:05Z
dc.date.created2008-11-12T23:36:31Z
dc.date.issued2006
dc.identifier.citationBaccarini, David. 2006. The maturing concept of estimating project cost contingency: A review, in Runeson, G. and Best, R. (ed), Proceedings of the Australasian University Building Educators Association Annual Conference 2006: 31st Annual Conference, Jul 11-14 2006. Sydney, NSW: University of Technology.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/29634
dc.description.abstract

Contingency is a ubiquitous component of project cost estimating. This paper provides a review of the literature pertaining to the estimating of project cost contingency. It describes the flaws of the tradition percentage method for estimating project cost contingency and sets out more robust estimation methods - regression analysis, Monte Carlo simulation and artificial neutral networks. In particular, the application of regression analysis for predicting project cost contingency is reviewed in detail as a prelude to the author’s research into the development and testing of a regression model for forecasting project cost contingency for engineering construction projects.

dc.publisherUniversity of Technology, Sydney
dc.subjectproject cost contingency
dc.subjectcost modelling
dc.subjectregression
dc.titleThe maturing concept of estimating project cost contingency: A review
dc.typeConference Paper
dcterms.source.titleAUBEA2006: Proceedings
dcterms.source.seriesAUBEA2006: Proceedings
dcterms.source.isbn9780977532506
dcterms.source.conferenceAUBEA conference 2006
dcterms.source.conference-start-dateJul 11 2006
dcterms.source.conferencelocationUniversity of Technology, Sydney
dcterms.source.placeSydney
curtin.identifierEPR-3136
curtin.accessStatusOpen access
curtin.facultyFaculty of Built Environment, Art and Design


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