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- W1526062110 abstract "Historical cost data offers important information about construction productivity. The current information technology makes it easier to store and cumulate the cost data. The cost data, however, needs to be statistically analyzed to better understand the uncertainty residing in construction cost estimate. The objective of this paper is to provide a cost estimate model considering the correlation of construction cost items. The correlations between cost items is analyzed to find out the characteristics of construction project. The degree of correlation was in turn used to adjust construction cost under equivalent uncertainty. A case study was performed using a construction company's real cost data. The results of the study shows that probabilistic approach provides a more reliable estimate of construction cost for decision making in bidding." @default.
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- W1526062110 date "2007-01-01" @default.
- W1526062110 modified "2023-09-24" @default.
- W1526062110 title "내역항목간 상관관계를 고려한 건설 공사비 보정" @default.
- W1526062110 hasPublicationYear "2007" @default.
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