Comparative analysis of pre-bid forecasting of building prices based on Singapore data
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.
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|Item Type:||Journal Article|
|Keywords:||Accuracy, building, estimating, pre, bid estimates, statistical analysis|
|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 05:25|
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