Application of Horner's theory: the pricing of preliminaries in building projects

Jagboro, G.

Application of Horner's theory: the pricing of preliminaries in building projects - 2003 - Building Economist March 2003, 22-28(7) .

Looks at the application of Horner's Theory, which argues that 80% of the value of the bill of quantities is accounted for by 20% of the bill items. Suggests that estimaters should concentrate more on the pricing of these cost significant preliminaries when preparing estimates for tender purposes.


HORNER'S THEORY
BILLS OF QUANTITIES
ESTIMATING
PRELIMINARIES
TENDERING
PRICING
BUILDING PROJECTS