Ogunlana, O (1991) Learning from experience in design cost estimating. Construction Management and Economics, 9(2), pp. 133-150. ISSN 01446193
Abstract
The underlying reasons responsible for failure to learn in design cost estimating are considered. A model for aiding learning from experience in design cost estimating practice is presented. Analysis of historical cost data from seven UK design offices show that learning through the use of feedback data is insufficient.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | accuracy; asterisk; design cost estimating; development; experience; feedback; learning; stable |
| Index terms: | historical cost data, estimating, design cost, accuracy |
| Subjects: | financial and cost management, economics, professional development, economic analysis |
| Topics: | Information Management, Cost Management, Business Strategy |
| Descriptive scope: | 2 PC |
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