Estimating project cost continency - a model and exploration of research questions
The cost performance of building construction projects is a key success criterion for project sponsors. Projects require budgets to set the sponsor's financial commitment and provide the basis for cost control and measurement of cost performance. A key component of a project budget is cost cont...
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| Format: | Conference Paper |
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Association of Researchers in Construction Management
2004
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| Online Access: | http://www.arcom.ac.uk/ http://hdl.handle.net/20.500.11937/8548 |
| _version_ | 1848745691323564032 |
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| author | Baccarini, David |
| author_facet | Baccarini, David |
| author_sort | Baccarini, David |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The cost performance of building construction projects is a key success criterion for project sponsors. Projects require budgets to set the sponsor's financial commitment and provide the basis for cost control and measurement of cost performance. A key component of a project budget is cost contingency. A literature review of the concept of project cost contingency is presented from which a model for the estimating of project cost contingency is derived. This model is then used to stimulate a range of important research questions in regard to estimating project cost contingency and the measurement of its accuracy. |
| first_indexed | 2025-11-14T06:21:23Z |
| format | Conference Paper |
| id | curtin-20.500.11937-8548 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:21:23Z |
| publishDate | 2004 |
| publisher | Association of Researchers in Construction Management |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-85482017-01-30T11:07:26Z Estimating project cost continency - a model and exploration of research questions Baccarini, David project cost performance project risk management cost contingency The cost performance of building construction projects is a key success criterion for project sponsors. Projects require budgets to set the sponsor's financial commitment and provide the basis for cost control and measurement of cost performance. A key component of a project budget is cost contingency. A literature review of the concept of project cost contingency is presented from which a model for the estimating of project cost contingency is derived. This model is then used to stimulate a range of important research questions in regard to estimating project cost contingency and the measurement of its accuracy. 2004 Conference Paper http://hdl.handle.net/20.500.11937/8548 http://www.arcom.ac.uk/ Association of Researchers in Construction Management fulltext |
| spellingShingle | project cost performance project risk management cost contingency Baccarini, David Estimating project cost continency - a model and exploration of research questions |
| title | Estimating project cost continency - a model and exploration of research questions |
| title_full | Estimating project cost continency - a model and exploration of research questions |
| title_fullStr | Estimating project cost continency - a model and exploration of research questions |
| title_full_unstemmed | Estimating project cost continency - a model and exploration of research questions |
| title_short | Estimating project cost continency - a model and exploration of research questions |
| title_sort | estimating project cost continency - a model and exploration of research questions |
| topic | project cost performance project risk management cost contingency |
| url | http://www.arcom.ac.uk/ http://hdl.handle.net/20.500.11937/8548 |