Accuracy in cost estimating

Allan Ashworth; Martin Skitmore

Accuracy in cost estimating

Allan Ashworth^*, Martin Skitmore

^*Corresponding author for this work

Research output: Contribution to conference › Paper › Research › peer-review

2 Citations (Scopus)

Abstract

This paper reviews the current methods used for cost estimating and examines the accuracy expected in practice. A previous review by the authors indicated that the accuracy of the cost estimate is to be a major factor in determining its usefulness. This paper considers the accuracy levels achieved in cost engineering estimates in relation to amount of information available. It also considers the importance of the qualities of the cost engineer in achieving accurate estimates.

Original language	English
Pages	A. 3. 1-A. 3. 16
Publication status	Published - 1986
Externally published	Yes
Event	Ninth International Cost Engineering Congress - Oslo, Norway Duration: 1 Jan 1986 → 1 Jan 1986 Conference number: 9th

Conference

Conference	Ninth International Cost Engineering Congress
Abbreviated title	ICEC
Country/Territory	Norway
City	Oslo
Period	1/01/86 → 1/01/86

Cite this

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title = "Accuracy in cost estimating",

abstract = "This paper reviews the current methods used for cost estimating and examines the accuracy expected in practice. A previous review by the authors indicated that the accuracy of the cost estimate is to be a major factor in determining its usefulness. This paper considers the accuracy levels achieved in cost engineering estimates in relation to amount of information available. It also considers the importance of the qualities of the cost engineer in achieving accurate estimates.",

author = "Allan Ashworth and Martin Skitmore",

year = "1986",

language = "English",

pages = "A. 3. 1--A. 3. 16",

note = "Ninth International Cost Engineering Congress, ICEC ; Conference date: 01-01-1986 Through 01-01-1986",

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TY - CONF

T1 - Accuracy in cost estimating

AU - Ashworth, Allan

AU - Skitmore, Martin

N1 - Conference code: 9th

PY - 1986

Y1 - 1986

N2 - This paper reviews the current methods used for cost estimating and examines the accuracy expected in practice. A previous review by the authors indicated that the accuracy of the cost estimate is to be a major factor in determining its usefulness. This paper considers the accuracy levels achieved in cost engineering estimates in relation to amount of information available. It also considers the importance of the qualities of the cost engineer in achieving accurate estimates.

AB - This paper reviews the current methods used for cost estimating and examines the accuracy expected in practice. A previous review by the authors indicated that the accuracy of the cost estimate is to be a major factor in determining its usefulness. This paper considers the accuracy levels achieved in cost engineering estimates in relation to amount of information available. It also considers the importance of the qualities of the cost engineer in achieving accurate estimates.

UR - http://www.scopus.com/inward/record.url?scp=0022934653&partnerID=8YFLogxK

M3 - Paper

AN - SCOPUS:0022934653

SP - A. 3. 1-A. 3. 16

T2 - Ninth International Cost Engineering Congress

Y2 - 1 January 1986 through 1 January 1986

ER -

Accuracy in cost estimating

Abstract

Conference

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