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This work focuses on the application of fundamental cost engineering principles to the capital and operating costs estimation of major projects. It provides detailed coverage of profitability, risk, and sensitivity analysis. This third edition: discusses novel strategies for calculating preliminary estimates using MasterFormat; presents new information on estimating the retrofitting and extension of existing plants; contains current international cost data; and more.;A solutions manual is available to instructors only.
Cost models underlie all the techniques used in construction cost and price forecasting, yet until relatively recently industry has been unfamiliar with their characteristics and properties. An understanding of the various types of cost model is vital to enable effective cost control and the development of future forecasting techniques. This volume brings together more than 20 seminal contributions to building cost modelling and introduces the major landmarks in progress and thinking in this field: * strategies and directions * explorations in cost modelling * cost-product/process modelling * dealing with uncertainty The strong techniques bias of this book will appeal to construction professionals involved in estimating, as well as researchers and students of building economics.
Cost models underlie all the techniques used in construction cost and price forecasting. An understanding of the various types of models is vital to the success of forecasting, implications of design decisions and to effective cost control.
A text for a graduate or upper-level undergraduate course, and a reference for practicing cost, pollution, and environmental engineers. Explains methods for dealing with issues of hazardous waste such as cost growth, static and dynamic baseline development, contingency estimating, risk and uncertain