ABSTRACT
After reading this chapter, you should have an understanding about research and its implications for innovation in respect of cost studies of buildings and its relevance to the construction industry. You should be able to:
■■ understand the importance of research in terms of making progress and improvement
12.1 INTRODUCTION
Cost research in the construction industry involves the investigation of any matters which affect the costs of construction, either initially or throughout the building’s life. The research may be done for the benefit of the client, contractor or developer, or to suit the needs of the professionals and, in a broader context, industry and society. Some of the research that has been undertaken in the past has been directly related to improving the quality and scope of the professional service offered to the industry. The broader objective of any research is to provide a better understanding of the subject, based on empirical and reliable evidence rather than rule-of-thumb or experience alone. It is hoped that the better understanding will then allow an improved service to be provided with a greater level of confidence
Most cost research has been carried out by academics, and the growth of research in this subject generally has coincided with the development and expansion of undergraduate courses in surveying and the need to underpin students’ learning. Some of the larger surveying practices have also established their own research departments and programmes, with an emphasis on improving their own knowledge and databases of information, but with a clear focus on better serving the needs of clients in a commercial environment.
