Adequate cost estimation at the planning phase is an integral part of a construction project's
success. Many uncertainties disturb the planners' initial estimations and lead to cost …

Purpose Cost estimation is one of the most significant steps in construction planning, which
must be undertaken in the preliminary stages of any project; it is required for all projects to …

The cost estimation of the building construction projects at initial stages with a higher degree
of accuracy plays a vital role in the success of every construction project. Based on the …

This study presents a novel approach for forecasting the construction cost index (CCI) of
building materials in developing countries. Such estimations are challenging due to the …

Estimating construction costs and predicting price escalation are major steps for project
owners, estimators, and contractors. The construction costs are always subject to …

Purpose The Government's investment in infrastructure projects is considerably high,
especially in bridge construction projects. Government authorities must establish an initial …

Construction material prices (CMP) variations have become a major issue in properly
budgeting construction projects. Inability to accurately forecast CMP volatility can also lead …

Abstract Changes in construction materials prices have a great impact on the cost of
construction projects. Such changes in prices occur randomly at different rates over time …

Inaccurate cost estimates have substantial effects on the final cost of construction projects
and erode profits. Cost estimation at conceptual phase is a challenge as inadequate …

Purpose–The purpose of this study was develop a computer-based cost prediction model for
institutional building projects in Nigeria through the use of artificial neural network (ANN) …