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Bowen, P A and Edwards, P J (1985) Cost modelling and price forecasting: practice and theory in perspective. Construction Management and Economics, 3(03), 199-215.

  • Type: Journal Article
  • Keywords: artificial intelligence; cost modelling; expert system; price forecasting; simulation
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446198500000015
  • Abstract:

    Various academics have pointed to the gap between research and practice in the field of building economics and suggest that the way forward may lie in terms of a paradigm shift in that a fundamentally different approach to cost modelling and price forecasting will be necessary. It can be argued that a change in thinking is required rather than an improvement in current practice. Expert systems, a form of artificial intelligence, hold exciting possibilities in this regard.

Cusack, M M (1985) A simplified approach to the planning and control of cost and project duration. Construction Management and Economics, 3(03), 183-98.

Hillebrandt, P M and Meikle, J L (1985) Resource planning for construction. Construction Management and Economics, 3(03), 249-63.

Nahapiet, H and Nahapiet, J (1985) A comparison of contractual arrangements for building projects. Construction Management and Economics, 3(03), 217-31.

Sözen, Z (1985) Size, technology and aspects of structure in contractor firms Turkey. Construction Management and Economics, 3(03), 233-47.