Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa
| dc.contributor.advisor | Stevens, A.J. | |
| dc.contributor.author | Pearl, Robert Gilfillan | |
| dc.date.accessioned | 2020-05-29T13:22:29Z | |
| dc.date.available | 2020-05-29T13:22:29Z | |
| dc.date.issued | 1992 | |
| dc.date.updated | 2020-04-14T06:45:28Z | |
| dc.description.abstract | The primary purpose of this dissertation is to identify the factors which affect the accuracy of South African quantity surveyors' pre-tender price forecasts. Prices submitted by bidders at the tender submission stage of project development are utilised as the best practical measure for establishing the degree of accuracy achieved. A large number of design price forecasting techniques are available to estimators. Many of the techniques used in the early stages of design are applicable for providing budget amounts for design control purposes, whilst others are moreĀ· appropriate for forecasting anticipated tender sums. Features of price forecasting requiring attention at all stages of design development are identified as: (i) the influence of uncertainty inherent in the process, (ii) data / information availability and management, and (iii) the utilization of tendering data by means of 'feedback' systems. The factors affecting the accuracy of price forecasts are examined by means of a literature study, opinion surveys of estimators and empirical research on the results of estimate /tender comparisons. The relevance of the question of pre-tender price forecasts is demonstrated by the results of the study which indicates that the accuracy and reliability of South African quantity surveyors' estimates produced at the tender stage is inferior to that generally found overseas and do not meet the expectations of architects and clients. The conclusions drawn from this study indicate a distinct potential for improvement in early design stage price management. | |
| dc.identifier.apacitation | Pearl, R. G. (1992). <i>Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa</i>. (). ,Engineering and the Built Environment ,School of Architecture, Planning and Geomatics. Retrieved from | en_ZA |
| dc.identifier.chicagocitation | Pearl, Robert Gilfillan. <i>"Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa."</i> ., ,Engineering and the Built Environment ,School of Architecture, Planning and Geomatics, 1992. | en_ZA |
| dc.identifier.citation | Pearl, R.G. 1992. Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa. . ,Engineering and the Built Environment ,School of Architecture, Planning and Geomatics. | en_ZA |
| dc.identifier.ris | TY - Thesis / Dissertation AU - Pearl, Robert Gilfillan AB - The primary purpose of this dissertation is to identify the factors which affect the accuracy of South African quantity surveyors' pre-tender price forecasts. Prices submitted by bidders at the tender submission stage of project development are utilised as the best practical measure for establishing the degree of accuracy achieved. A large number of design price forecasting techniques are available to estimators. Many of the techniques used in the early stages of design are applicable for providing budget amounts for design control purposes, whilst others are moreĀ· appropriate for forecasting anticipated tender sums. Features of price forecasting requiring attention at all stages of design development are identified as: (i) the influence of uncertainty inherent in the process, (ii) data / information availability and management, and (iii) the utilization of tendering data by means of 'feedback' systems. The factors affecting the accuracy of price forecasts are examined by means of a literature study, opinion surveys of estimators and empirical research on the results of estimate /tender comparisons. The relevance of the question of pre-tender price forecasts is demonstrated by the results of the study which indicates that the accuracy and reliability of South African quantity surveyors' estimates produced at the tender stage is inferior to that generally found overseas and do not meet the expectations of architects and clients. The conclusions drawn from this study indicate a distinct potential for improvement in early design stage price management. DA - 1992 DB - OpenUCT DP - University of Cape Town KW - Building KW - Estimates LK - https://open.uct.ac.za PY - 1992 T1 - Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa TI - Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa UR - ER - | en_ZA |
| dc.identifier.uri | https://hdl.handle.net/11427/32013 | |
| dc.identifier.vancouvercitation | Pearl RG. Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa. []. ,Engineering and the Built Environment ,School of Architecture, Planning and Geomatics, 1992 [cited yyyy month dd]. Available from: | en_ZA |
| dc.language.rfc3066 | eng | |
| dc.publisher.department | School of Architecture, Planning and Geomatics | |
| dc.publisher.faculty | Faculty of Engineering and the Built Environment | |
| dc.subject | Building | |
| dc.subject | Estimates | |
| dc.title | Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa | |
| dc.type | Master Thesis | |
| dc.type.qualificationlevel | Masters |