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Comparative analysis of pre-bid forecasting of building prices based on Singapore data

Gunner, John C. & Skitmore, Martin (1999) Comparative analysis of pre-bid forecasting of building prices based on Singapore data. Construction Management and Economics, 17(5), pp. 635-646.

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Abstract

An analysis is described of a sample of pre-bid forecasts for 181 Singapore building contracts awarded between 1980 and 1991 in comparison with previous results in the field. Despite the apparent contradictions that occur between findings, it is shown that such differences could be illusionary due to a general lack of reported significance levels together with, in some cases, small sample sizes. As a result it is suggested that a general commonality in outcomes may exist in the form of a single underlying variable.

Impact and interest:

12 citations in Scopus
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ID Code: 4437
Item Type: Journal Article
Keywords: Accuracy, building, estimating, pre, bid estimates, statistical analysis
DOI: 10.1080/014461999371240
ISSN: 1466-433X
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Quantity Surveying (120203)
Divisions: Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering
Copyright Owner: Copyright 1999 Taylor & Francis
Copyright Statement: First published in Construction Management and Economics 17(5):pp. 635-646.
Deposited On: 16 Jun 2006
Last Modified: 20 May 2013 15:25

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