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Article Cost Management, Estimating, Construction, Transportation & Infrastructure 1 May 2016
PM Network
Estimate, then repeat
By LeBard, Ed Imagine you discover your construction project has been using outdated pricing estimates. When the current figures come in, you realize that you've derailed your project and your relationship with…
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Article Agile, Estimating, Construction April 2012
PM Network
Estimates are just that
By Jackson, Michelle Bowles Large swings in global financial markets have become a regular occurrence; some of the strongest economies have turned volatile, and political instability is a growing concern in many countries.…
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Case Study Estimating, Construction 14 July 2010
PMI Research and Education Conference
The accuracy of hybrid estimating approaches? Case study of an Australian state road & traffic authority
By Liu, Li | Wehbe, George | Sisovic, Jonathan This study presents the results of estimation accuracy of a sample of road projects conducted by an Australian State Road & Traffic Authority
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Conference Paper Complexity, Estimating, Construction 13 October 2009
Deconstructing the Big Dig
By Greiman, Virginia | Warburton, Roger David Hand Boston's Central Artery/Tunnel Project, famously known as the Big Dig, was not only one of the largest, most complex, and most challenging projects ever implemented within the United States, it was…
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Conference Paper Scheduling, Estimating, Construction 19 October 2008
BIM
By Lee, Chad Technological innovation continues to change the process of implementing construction projects. First, it was computer-aided design (CAD) replacing hand drawings. Now, building information modeling…
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Article Risk Management, Cost Management, Estimating, Construction September 2000
Project Management Journal
Modeling the cost of political risk in international construction projects
By Al-Tabtabai, Hashem M. | Alex, Alex P. This paper describes a neural network model that can provide assistance in predicting the additional increase in project cost, due to political risk source variables affecting a construction project…
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Article Cost Management, Estimating, Construction May 1999
PM Network
The price is not always right
By Pepoon, William T. In the construction industry, there is fierce competition, generally on price. In the selection of subcontractors or suppliers, project managers often take the lowest price without making further…
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