Description
Cost modelling is a crucial aspect of construction cost and price forecasting. It involves various techniques and models that help in understanding the financial implications of design decisions and controlling costs. This series of readers presents the current knowledge in building economics through a collection of papers written on the subject.
Cost models underlie all the techniques used in construction cost and price forecasting. An understanding of the nature and relevance of the various types of models is vital to the success of forecasting the financial implications of different design decisions and to the effectiveness of cost control. This series of readers presents the extant knowledge by assembling the terminal papers written to date in the field of building economics.