Decision Sciences
10 months ago

Task interdependence and method choice crucial for accurate construction cost estimation.

Journal of Advanced Research in Business and Management Studies
The Impact of Task and Technology Characteristics on Cost Estimation Performance in Construction Projects: A Regression Analysis
Mohammad Waffy Fazil, Puteri Fadzline Muhamad Tamyez, Chia Kuang Lee

Paper Summary

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Accurate cost estimation is crucial for construction projects, but many fail due to challenges in this area. Task interdependence and cost estimation method characteristics significantly impact cost estimation performance. Organizational culture can help mitigate the negative effects of task interdependence. The study suggests further exploration of how task and cost estimation method characteristics interact.