000 01522cam a2200289 4500
001 ABS67995
008 040714n2004 000 0 eng u
035 _a(Sirsi) u126771
100 _aNg, S.
245 3 _aAn integrated regression analysis and time series model for construction tender price index forecasting
260 _c2004
490 _aConstruction Management and Economics
_v (22) June 2004, 483-493(11)
520 _aLooks at how clients can be kept informed of their likely future financial commitments and cost implications as the project design evolves. Suggests this requires estimation of building cost based on historic cost data which is updated by a forecasted tender price index. The reliability of the estimates depends on accurate projections being obtained for the forthcoming quarters. However, prediction of such price movement requires accurate judgment of future market conditions, such as inflation. Analyses the use of an integrated regression analysis and time series model to aid prediction of future costs. Tables, diagrams, formulae, graphs and references.
590 _aABS
590 _aABS
650 _aCOST ESTIMATES
650 _aTENDER PRICE FORECAST
650 _aTIME SERIES ANALYSIS
650 _aREGRESSION ANALYSIS
650 _aTENDER PRICE INDICES
650 _aBUILDING COST INDICES
690 _aBUILDING AND CONSTRUCTION-PROCUREMENT, PARTNERING, TENDERING
700 _aCheung, S.
700 _aSkitmore, M.
700 _aWong, T.
942 _n0
999 _c117692
_d117692