Experiential learning in cost estimating
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Description
This paper investigates experiential learning theory and the current perception of experiential factors in the accuracy of pre-tender cost prediction. It compares the preferred learning styles of a sample of experienced pre-tender cost estimators with those of novice quantity surveyors and investigates how estimators have developed as a result of their experiences. Experiential factors, those which stimulate personal development in pre-tender estimators, are considered and a mechanism to improve the accuracy of pre-tender estimates is proposed linking experiential learning theory with the introduction of feedback and self monitoring systems.
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| ID Code: | 4412 | ||
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| Item Type: | Contribution to Journal (Journal Article) | ||
| Refereed: | Yes | ||
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| Keywords: | Cost estimating, experience, experiential learning, feedback, accuracy, quantity surveyor, expertise | ||
| ISSN: | 1466-433X | ||
| Pure ID: | 60077833 | ||
| Divisions: | Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering Current > Research Centres > Australian Research Centre for Aerospace Automation |
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| Copyright Owner: | Copyright 1994 Taylor and Francis | ||
| Copyright Statement: | First published in Construction Management and Economics 12(5):pp. 423-431. | ||
| Deposited On: | 15 Jun 2006 00:00 | ||
| Last Modified: | 03 Jun 2024 08:30 |
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