1 publication

• Published Subscription 13 Apr 2023

  Risk Based Estimation in Construction Projects

  By V.R. SASTRY, K.K. Hariprasad

  Abstract: Final cost of a project is always subjected to many variables and assumptions. A single value estimate only represents one of the many possible conditions that can arise in the future. Hence a cost estimate should be represented as a range of values rather than a single value. Construction projects are complex project which involve many uncertainties. Uncertainties in activities can be a threat to the project objective or an …

  Published in Journal of Construction Engineering, Technology & Management · Vol. 12, Issue 3, 2022 · pp. 24–36 Read article →