ABSTRACT
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.
