ABSTRACT
Before considering these systems however, some preliminary observations are provided concerning the type and nature of some currently available estimating techniques.
Designers’ and contractors’ approaches
The functional separation of design and construction has been reflected in the development of contract price forecasting techniques largely to meet the perceived needs of both these sectors of the construction industry. For designers, the need is to inform on the expenditure implications (to the client) of design decisions to help in achieving financial targets, and value for money.
