Factors affecting the accuracy of cost estimate in construction projects: a review

Construction sector considered as an important sector in most countries, which needs special attention since it is an important part of the growth of the local economy in most countries. The most important stage in construction project is cost estimation process. It is considered as a key of any con...

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Main Authors: Faten, Albtoush, Doh, Shu Ing, Abdul Rahimi, Abdul Rahman, Ja’far A., Aldiabat Al-Btoosh, Syeda Maria, Zaidi
Format: Conference or Workshop Item
Language:English
English
Published: 2020
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/30387/
http://umpir.ump.edu.my/id/eprint/30387/1/17.%20Factors%20affecting%20the%20accuracy%20of%20cost%20estimate%20in%20construction%20projects%20-%20a%20review.pdf
http://umpir.ump.edu.my/id/eprint/30387/2/17.1%20Factors%20affecting%20the%20accuracy%20of%20cost%20estimate%20in%20construction%20projects%20-%20a%20review.pdf
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author Faten, Albtoush
Doh, Shu Ing
Abdul Rahimi, Abdul Rahman
Ja’far A., Aldiabat Al-Btoosh
Syeda Maria, Zaidi
author_facet Faten, Albtoush
Doh, Shu Ing
Abdul Rahimi, Abdul Rahman
Ja’far A., Aldiabat Al-Btoosh
Syeda Maria, Zaidi
author_sort Faten, Albtoush
building UMP Institutional Repository
collection Online Access
description Construction sector considered as an important sector in most countries, which needs special attention since it is an important part of the growth of the local economy in most countries. The most important stage in construction project is cost estimation process. It is considered as a key of any construction project where it helps the client to decide to either proceed or not with the project. The cost estimation should be well prepared by the quantity surveyor or financial controller prior to the commencement of the project. In order to prepare sound cost estimation, the major factors that may affect the cost estimation should be identified. This paper reviews the factors affect the cost estimation in construction project in different countries namely New Zealand, Nigeria, Peninsular Malaysia and Gaza Strip. The result of the current paper revealed that the most significant factors affect the cost estimation in construction projects found in most of the countries are limited time to prepare estimate due to dateline, inaccuracy and unreliable cost information, unclear detail drawings and specifications, inexperience estimator, incomplete cost information, construction type and location of project.
first_indexed 2025-11-15T02:58:07Z
format Conference or Workshop Item
id ump-30387
institution Universiti Malaysia Pahang
institution_category Local University
language English
English
last_indexed 2025-11-15T02:58:07Z
publishDate 2020
recordtype eprints
repository_type Digital Repository
spelling ump-303872021-01-06T04:35:47Z http://umpir.ump.edu.my/id/eprint/30387/ Factors affecting the accuracy of cost estimate in construction projects: a review Faten, Albtoush Doh, Shu Ing Abdul Rahimi, Abdul Rahman Ja’far A., Aldiabat Al-Btoosh Syeda Maria, Zaidi T Technology (General) Construction sector considered as an important sector in most countries, which needs special attention since it is an important part of the growth of the local economy in most countries. The most important stage in construction project is cost estimation process. It is considered as a key of any construction project where it helps the client to decide to either proceed or not with the project. The cost estimation should be well prepared by the quantity surveyor or financial controller prior to the commencement of the project. In order to prepare sound cost estimation, the major factors that may affect the cost estimation should be identified. This paper reviews the factors affect the cost estimation in construction project in different countries namely New Zealand, Nigeria, Peninsular Malaysia and Gaza Strip. The result of the current paper revealed that the most significant factors affect the cost estimation in construction projects found in most of the countries are limited time to prepare estimate due to dateline, inaccuracy and unreliable cost information, unclear detail drawings and specifications, inexperience estimator, incomplete cost information, construction type and location of project. 2020 Conference or Workshop Item PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/30387/1/17.%20Factors%20affecting%20the%20accuracy%20of%20cost%20estimate%20in%20construction%20projects%20-%20a%20review.pdf pdf en http://umpir.ump.edu.my/id/eprint/30387/2/17.1%20Factors%20affecting%20the%20accuracy%20of%20cost%20estimate%20in%20construction%20projects%20-%20a%20review.pdf Faten, Albtoush and Doh, Shu Ing and Abdul Rahimi, Abdul Rahman and Ja’far A., Aldiabat Al-Btoosh and Syeda Maria, Zaidi (2020) Factors affecting the accuracy of cost estimate in construction projects: a review. In: National Conference for Postgraduate Research (NCON-PGR 2020) , 9 December 2020 , Virtual Mode. pp. 1-8.. (Published)
spellingShingle T Technology (General)
Faten, Albtoush
Doh, Shu Ing
Abdul Rahimi, Abdul Rahman
Ja’far A., Aldiabat Al-Btoosh
Syeda Maria, Zaidi
Factors affecting the accuracy of cost estimate in construction projects: a review
title Factors affecting the accuracy of cost estimate in construction projects: a review
title_full Factors affecting the accuracy of cost estimate in construction projects: a review
title_fullStr Factors affecting the accuracy of cost estimate in construction projects: a review
title_full_unstemmed Factors affecting the accuracy of cost estimate in construction projects: a review
title_short Factors affecting the accuracy of cost estimate in construction projects: a review
title_sort factors affecting the accuracy of cost estimate in construction projects: a review
topic T Technology (General)
url http://umpir.ump.edu.my/id/eprint/30387/
http://umpir.ump.edu.my/id/eprint/30387/1/17.%20Factors%20affecting%20the%20accuracy%20of%20cost%20estimate%20in%20construction%20projects%20-%20a%20review.pdf
http://umpir.ump.edu.my/id/eprint/30387/2/17.1%20Factors%20affecting%20the%20accuracy%20of%20cost%20estimate%20in%20construction%20projects%20-%20a%20review.pdf