Automated parametric cost estimating model for building projects

A. Jrade, S. Alkass

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Parametric cost estimates are prepared at conceiving phase of a construction project life where drawings and specifications are not obtainable. Despite their low level of accuracy, they are used at feasibility study based on previously executed projects after necessary adjustments are performed. At this stage, precise and reliable historical cost data, either published or from the industry, has to be available for cost engineers and estimators. Ever since the construction industry has adopted the application of Management Information Systems (MIS) through the relevance of databases, its' construction processes has been widely enhanced by means of eliminating emissions, errors, cost and time reduction. Thus, this paper describes the development of a model that automates the preparation of parametric cost estimates for building projects based on Assembly and Masterformat work breakdown structure in both metric and imperial units after effecting all required adjustments. This would provide cost engineers and estimators with a vital tool that reduces cost and time, minimizes human errors and emissions and generates various types of output reports.

Original languageEnglish
Title of host publicationProceedings - 33rd CSCE Annual Conference 2005
Subtitle of host publication6th Construction Specialty Conference
PagesCT-126-1-CT-126-8
Publication statusPublished - 2005
Externally publishedYes
Event33rd CSCE Annual Conference 2005 - Toronto, ON, Canada
Duration: Jun 2 2005Jun 4 2005

Publication series

NameProceedings, Annual Conference - Canadian Society for Civil Engineering
Volume2005

Other

Other33rd CSCE Annual Conference 2005
Country/TerritoryCanada
CityToronto, ON
Period6/2/056/4/05

ASJC Scopus subject areas

  • General Engineering

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