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

John Gunner*, Martin Skitmore

*Corresponding author for this work

Research output: Contribution to journalArticleResearchpeer-review

22 Citations (Scopus)

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 research results in this topic. 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.

Original languageEnglish
Pages (from-to)635-646
Number of pages12
JournalConstruction Management and Economics
Volume17
Issue number5
DOIs
Publication statusPublished - 1999
Externally publishedYes

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