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Finnie, D (2012) Contract delay: what is it and how are we performing?. Construction Economics and Building, 12(01), 83-91.

Karamujic, H (2012) Modelling seasonality in Australian building approvals. Construction Economics and Building, 12(01), 26-36.

Li, R Y M (2012) Econometric modelling of risk adverse behaviours of entrepreneurs in the provision of house fittings in China. Construction Economics and Building, 12(01), 72-82.

Loosemore, M, Phua, F, Teo, M and Dunn, K (2012) Management strategies to harness cultural diversity in Australian construction sites - a social identity perspective. Construction Economics and Building, 12(01), 1-11.

Mahamid, I and Bruland, A (2012) Cost deviation in road construction projects: the case of Palestine. Construction Economics and Building, 12(01), 58-71.

  • Type: Journal Article
  • Keywords: Cost; divergence; road construction; over estimation; under estimation; overrun
  • ISBN/ISSN: 1837-9133
  • URL: https://doi.org/10.5130/AJCEB.v12i1.2427
  • Abstract:
    This paper investigates the statistical relationship between actual and estimated cost of road construction projects using data from road construction projects awarded in the West Bank in Palestine over the years 2004–2008. The study is based on a sample of 169 road construction projects. Based on this data, regression models are developed. The findings reveal that 100% of projects suffer from cost diverge, it is found that 76% of projects have cost under estimation while 24% have cost over estimation. The discrepancy between estimated and actual cost has an average of 14.6%, ranging from -39% to 98%. The relation between the project size (length and width) and the cost diverge is discussed.

Morrison, E and Thurnell, D (2012) Employee preferences for work-life benefits in a large New Zealand construction company. Construction Economics and Building, 12(01), 12-25.

Ramanathan, C, Narayanan, S and Idrus, A (2012) Construction delays causing risks on time and cost - a critical review. Construction Economics and Building, 12(01), 37-57.