Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa
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...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
School of Architecture, Planning and Geomatics
2020
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867614522701774848 |
|---|---|
| access_status_str | Open Access |
| author | Pearl, Robert Gilfillan |
| author2 | Stevens, A.J. |
| author_browse | Pearl, Robert Gilfillan Stevens, A.J. |
| author_facet | Stevens, A.J. Pearl, Robert Gilfillan |
| author_sort | Pearl, Robert Gilfillan |
| collection | Thesis |
| description | 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 more· 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. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/32013 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:53:23.248Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | School of Architecture, Planning and Geomatics |
| publisherStr | School of Architecture, Planning and Geomatics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/32013 Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa Pearl, Robert Gilfillan Stevens, A.J. Building Estimates 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 more· 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. 2020-05-29T13:22:29Z 2020-05-29T13:22:29Z 1992 2020-04-14T06:45:28Z Master Thesis Masters https://hdl.handle.net/11427/32013 eng application/pdf School of Architecture, Planning and Geomatics Faculty of Engineering and the Built Environment |
| spellingShingle | Building Estimates Pearl, Robert Gilfillan Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa |
| thesis_degree_str | Master's |
| title | Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa |
| title_full | Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa |
| title_fullStr | Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa |
| title_full_unstemmed | Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa |
| title_short | Factors affecting the accuracy of quantity surveyors pre-tender price forecasts in South Africa |
| title_sort | factors affecting the accuracy of quantity surveyors pre tender price forecasts in south africa |
| topic | Building Estimates |
| url | https://hdl.handle.net/11427/32013 |
| work_keys_str_mv | AT pearlrobertgilfillan factorsaffectingtheaccuracyofquantitysurveyorspretenderpriceforecastsinsouthafrica |