Transcription of Guide to Cost PrediCtability in ConstruCtion
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Guide to Cost PrediCtability in ConstruCtion
Guide to Cost PrediCtability in ConstruCtion :an analysis of issues affeCtinG the aCCuraCy of ConstruCtion Cost estimatesPrepared by the Joint Federal Government / Industry Cost PrediCtability Taskforcenovember 2012 Guide to Cost PrediCtability in ConstruCtion : An Analysis of Issues Affecting the Accuracy of ConstruCtion Cost EstimatesNovember 2012 Table of ContentsNote from the Taskforce Chairman ..1 Executive Summary ..2 Taskforce Participation ..3 Introduction to the Cost PrediCtability Issue ..4 Issues and Considerations in Cost PrediCtability ..6 Cost Estimate Variance Matrix ..9 Recommendations for Improved Cost PrediCtability ..10 Postscript ..11 Appendix 1 Classes of Estimates ..12 Appendix 2 Documents Recommended for Estimates ..14 Appendix 3 Qualifications for Estimators and Cost Consultants.
Guide to Cost Predictability in Construction: An Analysis of Issues Affecting the Accuracy of Construction Cost Estimates November 2012 3 • analyze bid results against estimates for lessons
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