Estimating building construction costs by production processes

Building actors need accurate estimates in order to efficiently undertake the construction of buildings. The knowledge of real expected costs of construction works is a necessary condition for contractors to submit competitive tenders and for developers to be aware of the magnitude of their investme...

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Detalles Bibliográficos
Autores: Montes Delgado, María Victoria de, Falcón Ganfornina, Raúl Manuel, Ramírez de Arellano Agudo, Antonio
Tipo de recurso: artículo
Fecha de publicación:2014
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/23607
Acceso en línea:http://hdl.handle.net/11441/23607
Access Level:acceso abierto
Palabra clave:Activity-based costing methodology
Construction economics
Estimates
Planning
Organization and scheduling
Process-based model
Descripción
Sumario:Building actors need accurate estimates in order to efficiently undertake the construction of buildings. The knowledge of real expected costs of construction works is a necessary condition for contractors to submit competitive tenders and for developers to be aware of the magnitude of their investment. In this paper, an innovative process-based model is presented, the POP model. This model aims at providing building actors with a systematized methodology to calculate building construction costs based on the planning, organization and scheduling of the expected works. Unlike the model of construction work units, the most widespread estimate model in Spain, the POP model comprises all construction costs in a direct way by identifying the production processes involved and the resources consumed, giving a new approach to the principles of the activity-based costing methodology in tune with the process-based cost models that are emerging in the international scene. Nowadays, the model is being applied in real construction works with satisfactory results of transparency, detail and adaptability. Not only reliable estimates are obtained, but also the performance of works is devised, allowing its optimization and control.