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Al‐Jarallah, M I (1983) Construction Industry in Saudi Arabia. Journal of Construction Engineering and Management, 109(04), 355–68.
Herbsman, Z (1983) Long‐Range Forecasting Highway Construction Costs. Journal of Construction Engineering and Management, 109(04), 423–34.
- Type: Journal Article
- Keywords: Case reports; Cost estimates; Forecasting; Highway and road construction;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)0733-9364(1983)109:4(423)
- Abstract:
In the process of decision making for design and execution of highway construction projects, long‐range cost forecasting is one of the most significant and complicated problems. This paper describes the development of a model that enables the user to make long‐range cost projections, taking into consideration general characteristics of the highway construction industry, as well as pertinent local conditions. The model presented uses conventional statistical methods to represent the main categories of typical jobs in the highway construction industry. From these categories, a composite model is created by assigning different weights to the input elements costs and then choosing a series of indicators to predict price trends for each separate element of the composite model. Use of this model reveals that bid volume in a certain area is a factor that has significant influence upon cost forecasts. This paper is accompanied by a case study based on actual data from highway construction projects performed for the Florida Department of Transportation in the years 1968–1981.
Kagan, H A (1983) Evaluating Construction Failures. Journal of Construction Engineering and Management, 109(04), 460–72.
Koehn, E and Jones, M W (1983) Benefits and Costs of EEO Rules in Construction. Journal of Construction Engineering and Management, 109(04), 435–46.
Paulson, B C and Fondahl, J W (1983) Craft Jurisdiction Impact on Construction. Journal of Construction Engineering and Management, 109(04), 369–86.
Rodriguez‐Ramos, W E and Francis, R L (1983) Single Crane Location Optimization. Journal of Construction Engineering and Management, 109(04), 387–97.
Schlick, H (1983) Temporary Heating in Construction Contracts. Journal of Construction Engineering and Management, 109(04), 447–59.
Selinger, S (1983) Economic Service Life of Building Construction Equipment. Journal of Construction Engineering and Management, 109(04), 398–405.
Thomas, R, Keating, J M and Bluedorn, A C (1983) Authority Structures for Construction Project Management. Journal of Construction Engineering and Management, 109(04), 406–22.