Ng, S. Thomas; Cheung, Sai On; Skitmore, Martin; Wong, Toby - In: Construction Management and Economics 22 (2004) 5, pp. 483-493
Clients need to be informed in advance of their likely future financial commitments and cost implications as the design evolves. This requires the estimation of building cost based on historic cost data that is updated by a forecasted Tender Price Index (TPI), with the reliability of the...
