Assessment of the Factors Affecting Accuracy of Pre-tender Cost Estimate in Kaduna State, Nigeria
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Date
2014-05
Journal Title
Journal ISSN
Volume Title
Publisher
Journal of Environmental Science, Toxicology and Food Technology (IOSR-JESTFT)
Abstract
Accurate cost estimates are crucial to the effective realisation of construction projects. Researchers
have noticed the presence of inherent inaccuracies in the bill of quantities prepared by estimators (Quantity
surveyors). This paper aimed at examining the factors affecting accuracy of pre-tender cost estimate in Kaduna
state, with a view to improving the predictive ability of clients, consultants, and contractors for better
estimating. A total of 66 questionnaires were administered with 35 to consultants (53.03%), 15 to contractors
(22.73%) and 16 (24.24%) to clients within Kaduna using the simple random sampling technique. The collected
data were analysed using the Relative Importance Index and correlation analysis. The study found out that a
statistically significant relationship existed between the clients, consultants, and contractor on the essential
factors affecting accuracy of pre-tender cost estimate. It was concluded that: Experience and skill level of the
consultants, Project teams experience on the construction type, clear and detail drawings and specification,
completeness of cost information, accuracy and reliability of cost information are the most significant factors
affecting accuracy of pre-tender cost estimate. It was recommended that Clients should always engage the
services of skilled professionals to undertake the consultancy services in cost estimating process.
Description
Keywords
Accuracy- estimation, Pre- tender and Cost estimate.