Research Proposal (Cost Estimation In Kuwaiti Construction Companies)

MSc Civil Engineering 2009

Research Proposal for

COST ESTIMATION PROBLEMS IN

KUWAITI CONSTRUCTION COMPANIES TABLE OF CONTENTS

TITLE PAGE .1

TOC \o "1-3 " \h \z \u HYPERLINK \l "_Toc2 " TABLE OF CONTENTS PAGEREF _Toc2 \h 2

HYPERLINK \l "_Toc3 " INTRODUCTION PAGEREF _Toc3 \h 3

HYPERLINK \l "_Toc4 " LITERATURE REVIEW PAGEREF _Toc4 \h 5

HYPERLINK \l "_Toc5 " RESEARCH OBJECTIVES PAGEREF _Toc5 \h 7

HYPERLINK \l "_Toc6 " RESEARCH QUESTIONS PAGEREF _Toc6 \h 8

HYPERLINK \l "_Toc7 " METHODOLOGY PAGEREF _Toc7 \h 8

HYPERLINK \l "_Toc8 " STUDY

TYPE PAGEREF _Toc8 \h 8 HYPERLINK \l "_Toc9 " DATA COLLECTION PAGEREF _Toc9 \h 9

HYPERLINK \l "_Toc0 " DATA ANALYSIS PAGEREF _Toc0 \h 9

HYPERLINK \l "_Toc1 " EXPECTED OUTCOMES PAGEREF _Toc1 \h 9

HYPERLINK \l "_Toc2 " REFERENCES PAGEREF _Toc2 \h 11 INTRODUCTION

Accurate and thorough cost estimation constitutes a key success factor of construction companies . Cost estimation refers to the process of providing cost predictions of the cost of construction work as basis for the commercial process of tendering based on the cost predictions (Potts , 2008 . This definition seems to describe cost estimation as a technical process . However , in actual practice , estimating the cost of construction work is a highly subjective process that depends on practice-base knowledge and experience . This finds reflection in the fact that experienced estimators in construction firms receive high salaries for the value of their work . There are different types of construction cost that requires thorough estimation . These are 1 estimates for conceptual planning , 2 ) estimates for feasibility , 3 estimates during engineering and design...