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Showing 1 to 2 of 2 for “"Construction industry--Location--Economic aspects."”.
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Validation of geographically based surface interpolation methods for adjusting construction cost estimates by project location
<p>In the construction industry, cost estimates are fundamental to the success of a construction project. Location factors are commonly used to adjust cost estimates by project location. However, not all locations have corresponding factors. Nowadays, the construction industry has employed a …
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Validation of methods for adjusting construction cost estimates by project location
<p>Location factors are used to adjust conceptual cost estimates by project location. Presently, the construction industry has adopted a simple, proximity-based interpolation method which uses the “nearest neighbor” location factor to estimate unknown location factors. Although this approach is …