PROBABILITY OF KEEPING THE DETAILED ESTIMATE OF CONSTRUCTION COST IN THE CZECH REPUBLIC

Authors

  • Stanislav Vitásek Czech Technical University in Prague, Faculty of Civil Engineering, Thákurova 7, 166 29, Praha 6 - Dejvice, Czech Republic

DOI:

https://doi.org/10.51704/cjce.2016.vol2.iss1.pp129-133

Keywords:

Estimate Cost, statistics, construction

Abstract

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

PDF views
85
Jul 2016Jan 2017Jul 2017Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Jan 20267.0
|

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.

Published

2016-06-30

How to Cite

Vitásek, S. (2016) “PROBABILITY OF KEEPING THE DETAILED ESTIMATE OF CONSTRUCTION COST IN THE CZECH REPUBLIC”, Czech Journal of Civil Engineering, 2(1), pp. 129-133. doi: 10.51704/cjce.2016.vol2.iss1.pp129-133.

Issue

Section

Articles