Titlebook: Estimating, Tendering and Bidding for Construction Work; Adrian J. Smith Textbook 1995Latest edition Macmillan Publishers Limited 1995 com

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Risk and Uncertainty in Estimating and Tendering,This chapter begins the examination of risk and uncertainty in the preparation of estimates and tenders for construction projects. There are two major problems involved:

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Introduction: Cross-Gendered Literary Voicesractors, with price usually playing a major part in the selection of the contractor eventually chosen to carry out the work. Contractors therefore need some reliable method of forecasting prices, and therefore likely costs, for future construction work.

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Contributions to Management Sciencens, to complex analytical estimating techniques at the other. The particular technique chosen in each case, and the degree of accuracy of the resulting prediction, will depend to a very large extent on the amount and quality of information about the proposed building which is available at the time.

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Cross-Industry Innovation Processesdering stages of a project. It does not attempt to provide detailed descriptions of the operation and use of alternative planning techniques, merely to explore the relationship between overall project time, cost and tender price from the estimator’s point of view, and to highlight some of the more i

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Che Kan Leong,R. Malatesha Joshiinaries section provides a high-level overview of the project, including a description of the project and the site and details of the conditions of contract to be used, but the preliminaries will also include a considerable amount of more detailed information about specific issues. Information cover

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