Cost estimation of housing projects by functional areas

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Date

2006

Author

Öncül, Mustafa

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Good conceptual cost estimates is one of the most important factors affecting the project success. Investment decisions taken and budget preparations are performed from the results of the conceptual estimates. Also, the most difficult cost estimation is the early estimates where there is very limited information. This thesis provides a model for the cost estimation of the housing projects at the conceptual stage, considering not only the total area of the construction, but also considering fractional areas, as kitchen area, bathroom area, living room area and etc. Moreover, model outputs a range of costs considering quality of the construction instead of a point estimate which allows investors to see the possible costs of the project by their choice of luxury.

Subject Keywords

Management of Engineering Works.

URI

http://etd.lib.metu.edu.tr/upload/12607083/index.pdf
https://hdl.handle.net/11511/15786

Collections

Graduate School of Natural and Applied Sciences, Thesis

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Citation Formats

M. Öncül, “Cost estimation of housing projects by functional areas,” M.S. - Master of Science, Middle East Technical University, 2006.