PROBABILITY OF KEEPING THE DETAILED ESTIMATE OF CONSTRUCTION COST IN THE CZECH REPUBLIC
DOI:
https://doi.org/10.51704/cjce.2016.vol2.iss1.pp129-133Keywords:
Estimate Cost, statistics, constructionAbstract
The article is about statistical index calculations and about the determination of the detailed estimate cost precision of the construction, while using the usual tools to estimate the price for the development in CZ. Statistical input calculations are based upon the data basis of thirty apartment buildings, constructed by twelve different developers. Seventy percent of the apartment buildings were finished in the year 2015 and the rest in 2014. Furthermore, the article discusses the risks detected by the Delphi Method, and in cooperation with the representatives of the main developing companies in CZ. The article, therefore brings the realistic view, how we work with the costs in Czech development industry and its determined primary for the developers, to help them with the economic strategy, and with the proposals, how to increase the probability of meeting the detailed estimate of construction cost.
Metrics
References
WHYTE, Andrew. Integrated design and cost management for civil engineers. Boca Raton: CRC Press/Taylor, 2015. ISBN 978-041-5809-214.
BALDWIN, A, Ronald MCCAFFER a Sherif OTEIFA. International bid preparation. Geneva: International Labour Office, 1995. ISBN 92-210-8752-2.
RISK MANAGEMENT FOR DESIGN AND CONSTRUCTION CRETU, Ovidiu, Robert STEWART a Terry BERENDS. Risk management for design and construction. Hoboken, N.J.: RSMeans, c2011. ISBN 04-706-3538-X.
WILLIAMS, Peter. Managing measurement risk in building and civil engineering. Hoboken, NJ: John Wiley, 2015. ISBN 978-111-8561-522.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License
Articles published in Czech Journal of Civil Engineering are licensed using Creative Commons License. Except where otherwise noted, individual articles in the Czech Journal of Civil Engineering are licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0).