Simplified Cost Models for Building Construction
Authors:
Article info
2000-07-05
2001-03-13
2001-03-13
169 - 187
Keywords
Abstract
This paper presents simple cost models that contain small number of items that will be used for estimating costs of contracts. Twenty-eight contracts that contain large number of items were used in this study, for the development of these models. Cost significant philosophy was used as an approach to develop the models. This study has shown that about 80% of the total cost of a project are contained within 20% of the items. These items are called cost significant items. Each item has a value greater or equal to the mean item value. These models can be used only for multi-story residential buildings. The developed construction cost model contains about 25% of the items while the developed finishing cost model contains about 23% of the items. The expected accuracy for both cost models is within + 5% and the achieved accuracy is within + 7%.
Dmaidi, N. (2000). Simplified Cost Models for Building Construction. An-Najah University Journal for Research - A (Natural Sciences), 14(1), 169–187. https://doi.org/10.35552/anujr.a.14.1.677
[1]N. Dmaidi, “Simplified Cost Models for Building Construction,” An-Najah University Journal for Research - A (Natural Sciences), vol. 14, no. 1, pp. 169–187, Jan. 2000, doi: 10.35552/anujr.a.14.1.677.
Dmaidi, Nabil. “Simplified Cost Models for Building Construction.” An-Najah University Journal for Research - A (Natural Sciences), vol. 14, no. 1, Jan. 2000, pp. 169–87. Crossref, https://doi.org/10.35552/anujr.a.14.1.677.
1.Dmaidi N. Simplified Cost Models for Building Construction. An-Najah University Journal for Research - A (Natural Sciences) [Internet]. 2000 Jan;14(1):169–87. Available from: http://dx.doi.org/10.35552/anujr.a.14.1.677
Dmaidi, Nabil. “Simplified Cost Models for Building Construction.” An-Najah University Journal for Research - A (Natural Sciences) 14, no. 1 (January 2000): 169–87. https://doi.org/10.35552/anujr.a.14.1.677.
Simplified Cost Models for Building Construction
المؤلفون:
معلومات المقال
2000-07-05
2001-03-13
2001-03-13
169 - 187
الكلمات الإفتتاحية
الملخص
This paper presents simple cost models that contain small number of items that will be used for estimating costs of contracts. Twenty-eight contracts that contain large number of items were used in this study, for the development of these models. Cost significant philosophy was used as an approach to develop the models. This study has shown that about 80% of the total cost of a project are contained within 20% of the items. These items are called cost significant items. Each item has a value greater or equal to the mean item value. These models can be used only for multi-story residential buildings. The developed construction cost model contains about 25% of the items while the developed finishing cost model contains about 23% of the items. The expected accuracy for both cost models is within + 5% and the achieved accuracy is within + 7%.
Dmaidi, N. (2000). Simplified Cost Models for Building Construction. An-Najah University Journal for Research - A (Natural Sciences), 14(1), 169–187. https://doi.org/10.35552/anujr.a.14.1.677
[1]N. Dmaidi, “Simplified Cost Models for Building Construction,” An-Najah University Journal for Research - A (Natural Sciences), vol. 14, no. 1, pp. 169–187, Jan. 2000, doi: 10.35552/anujr.a.14.1.677.
Dmaidi, Nabil. “Simplified Cost Models for Building Construction.” An-Najah University Journal for Research - A (Natural Sciences), vol. 14, no. 1, Jan. 2000, pp. 169–87. Crossref, https://doi.org/10.35552/anujr.a.14.1.677.
1.Dmaidi N. Simplified Cost Models for Building Construction. An-Najah University Journal for Research - A (Natural Sciences) [Internet]. 2000 Jan;14(1):169–87. Available from: http://dx.doi.org/10.35552/anujr.a.14.1.677
Dmaidi, Nabil. “Simplified Cost Models for Building Construction.” An-Najah University Journal for Research - A (Natural Sciences) 14, no. 1 (January 2000): 169–87. https://doi.org/10.35552/anujr.a.14.1.677.
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