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Fortune, C and Hinks, J (1999) Quality issues in building project price forecasting: factors affecting model selection. Journal of Construction Procurement, 5(02), 129–40.
Green, S D (1999) Partnering: the propaganda of corporatism?. Journal of Construction Procurement, 5(02), 177–86.
Kaka, A P and Boussabaine, A H (1999) Updating techniques for cumulative cost forecasting on construction projects. Journal of Construction Procurement, 5(02), 141–58.
- Type: Journal Article
- Keywords: correlation model; cash flow; cost-flow curve; expenditure pattern; forecasting
- ISBN/ISSN: 1358-9180
- URL:
- Abstract:
The use of standard cost/value flow curves (S-curves) in cash flow forecasting has been questioned by many construction management researchers. This is mainly due to the limited accuracy of these curves. This issue is addressed by analysing the cumulative cost flow curves of 128 construction projects. Cost flow profiles vary significantly even when projects are classified using effective criteria. Consequently, two new techniques that are capable of using cost/value flow data of current project are proposed to forecast (update the forecasts of) the remaining, future monthly values of these projects. The two techniques are tested for accuracy using eight recently completed projects. It is concluded that one of the techniques performed accurately and that it should be adopted by the construction industry.
Kumaraswamy, M M and Chan, D W M (1999) Factors facilitating faster construction. Journal of Construction Procurement, 5(02), 88–98.
Lahdenperä, P (1999) Restructuring the building industry for improved performance. Journal of Construction Procurement, 5(02), 118–28.
Lenard, D (1999) Future challenges in construction management: creating a symbiotic learning environment. Journal of Construction Procurement, 5(02), 197–210.
Muya, M, Price, A D F, Thorpe, A and Edum-Fotwe, F (1999) Application of analytic hierarchy process to the evaluation of logistics factors and their contribution to improvements in construction materials supply. Journal of Construction Procurement, 5(02), 99–117.
Newcombe, R (1999) Procurement as a learning process. Journal of Construction Procurement, 5(02), 211–20.
Ogunlana, S O (1999) Procurement lessons from Solomon's temple project. Journal of Construction Procurement, 5(02), 187–96.
Uher, T E (1999) Partnering performance in Australia. Journal of Construction Procurement, 5(02), 163–76.