Thesis-1987-AbdelRazek.pdf (6.47 MB)
Computerised analyses of estimating inaccuracy and tender variability: causes, evaluation and consequences
thesis
posted on 2018-03-26, 13:30 authored by Refaat H. Abdel-RazekThe two elements of a tender sum are the cost estimate and the
mark-up. Variations in tenders can be attributed to inaccuracy
in the estimate and variations in the applied mark-up. The
weaknesses of current published literature are that the causes of
the inaccuracy in the estimate or the variability in a mark-up
are not defined in such a way that they can be analysed and
evaluated. The inaccuracy of a cost estimate results from
combining the inaccuracy of its constituent elements. Thus the
inaccuracy of each element needs to be evaluated. The
consequences of estimating inaccuracy and mark-up variability are
inadequately described in current literature, which tends to
assume that mark-up variability is negligible.
This research addresses these weaknesses. [Continues.]
History
School
- Architecture, Building and Civil Engineering
Publisher
© Refaat Hassan Abdel-RazekPublisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
1987Notes
A Doctoral Thesis. Submitted in partial fulfilment of the requirements for the award of Doctor of Philosophy at Loughborough University.Language
- en