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Paper: w78-2005-kn-w1-2-racky
| Paper title: | Linking up versus Breaking down: Demands on Cost Estimating for Turn-key Construction Projects |
| Authors: | P Racky |
| Summary: | The complete monetary valuation of interfaces between the various building elements or work packages is a substantial success factor for a correct estimate that takes account of all costs of turn-key construction projects. The estimating processes employed by construction contractors often neglect systematic interface analysis what leads to incorrect results. This paper sketches out an interface-oriented estimating approach. This approach will lead to a procedure in which the building elements to be costed are structured in a way that corresponds to their functional logic. As result a linked-up procedure, such as is necessary to cope with complex systems, will be achieved and a complete costing made easier. |
| Type: | keynote paper |
| Year of publication: | 2005 |
| Series: | w78:2005 |
| ISSN: | 2706-6568 |
| Download paper: | /pdfs/w78-2005-KN-w1-2-Racky.pdf |
| Citation: | P Racky (2005). Linking up versus Breaking down: Demands on Cost Estimating for Turn-key Construction Projects. (ISSN: 2706-6568), http://itc.scix.net/paper/w78-2005-kn-w1-2-racky |
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