Journal of the Korea Institute of Building Construction (한국건축시공학회지)

The Korean Institute of Building Construction (한국건축시공학회)
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A Study on the Key Factors Influencing the Reliability of Conceptual cost estimates in Building Construction Projects

건축 프로젝트 개산견적 신뢰도에 영향을 미치는 주요 인자에 관한 연구

  • 안성훈 (대구대학교 건축공학과) ;
  • 박우열 (안동대학교 건축공학과)
  • Published : 2008.08.25
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Abstract

Cost estimates are very important to their decision-making in the early stages of a construction project. So Clients have wanted not only to know the results of conceptual cost estimates but also to assess their quality Conceptual cost estimates process is very complex process, so the results of cost estimates are influenced by various factors. So the purpose of this study is to reveal the key factors which influence the reliability of conceptual cost estimates in building construction projects. The analytic hierarchy process is used to determine the relative important weights of elements influencing the conceptual cost estimates. And factor analysis is used to reveal the key factors from the elements that influence the conceptual cost estimates. The results showed that the key factors is an experience level, available data level, level of will for winning the bid, difficulty level of conceptual cost estimate, uncertainty level.

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References

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