paper show that the real-time consideration of these forecasts has the potential to improve the precision with which past … forecasts is also aptly demonstrated through the use of simulation techniques, density functions, and event probability … forecasts. …

, the tender price was found to be cointegrated with the gross domestic product, construction output and building cost. A …

compare the forecasts published by the Building Cost Information Service and Davis, Langdon & Everest systems and simulated … quarters forecast horizon and the Building Cost Information Service system gives the most accurate forecasts for a four to …This paper examines the relative performance of three different systems of forecasting movements in macro building …

, the tender price was found to be cointegrated with the gross domestic product, construction output and building cost. A …

manufacturing are consistent leading indicators of construction prices. Building cost index and gross national product constitute …

real value of investment to micro-level budgeting like construction project price forecasts. Numerous research studies … more traditional building trades but almost completely ignore the mechanical and electrical services. The existing indices … also do not gauge the tender price movements of new building work that is not procured through the conventional lump sum …