Hassanein, A A G and Khalil, B N L (2006) Developing general indicator cost indices for the Egyptian construction industry. Journal of Financial Management of Property and Construction, 11(3), pp. 181-194. ISSN 1366-4387
Abstract
The main objective of this study is to initiate general building cost indicators to serve as cost indicators for the construction industry in Egypt. The two models (Egypt 1 and Egypt 2 Indices) developed for building the indices in this paper have been derived based on the “Engineering News Record” (ENR) Indices model with modifications to better suit the Egyptian market. Egypt 1 Indices is comprised of three indices which serve as a general cost indicator for the construction industry price movement in Egypt. Egypt 2 Indices is comprised of two indices which serve as a construction cost indicator for the reinforced concrete structures price movement in Egypt. The period analyzed in this research is 11 years (1988 through to 1998). The validation of index numbers produced showed that each index does indeed represent the respective type of building for which it was computed. Further, the analysis of Egypt Indices compared to the ENR Indices revealed that both indices exhibited trends that are generally similar from the year 1992 up to 1998.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | cost indices; Egypt; engineering news record |
| Index terms: | Egypt, construction industry, construction cost, reinforced concrete, validation, movement |
| Subjects: | industry analysis, professional development, Geography, financial and cost management, building materials, health behaviours and lifestyles |
| Topics: | Construction Materials, Information Management, Geographical Context, Research Practice, Cost Management |
| Descriptive scope: | 3 PCT |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here