The importance of accurate estimates during the early stages of capital projects has been
widely recognized for many years. Early project estimates represent a key ingredient in …

The accuracy of an estimate is measured by how well the estimated cost compares to the
actual total installed cost. The accuracy of an early estimate depends on four …

Unanticipated market conditions as well as project-related risks can easily lead to cost
overruns in international construction projects. For a contractor to be financially successful in …

The body of knowledge in decision making about international construction market entry has
been primarily focused on identifying risk factors, quantifying risks, and developing risk …

The only two certainties in life are death and more uncertainty—with change the only
constant. Rapidly changing environments require speedier response. We do not know what …

Purpose and objectives. The importance of accurate estimates during the early stages of
capital projects has been widely recognized for many years. Early project estimates …

The overarching question behind this research project seems quite clear. It is, quite simply,
how will the US Army Corps of Engineers cope with the world of uncertainty that envelops …

This thesis presents a new model for evaluating percentage cost escalation in estimated
project costs. The PWPCE model takes into account attributes that have a potential for …

In order to remain competitive in the energy sector, the General Electric Co has had to adjust
to shifting marketplace trends. Apart from just providing basic equipment packages, they are …

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