The factors that affect the cost estimation activities in the tender preparation process in the Malaysian construction industry

Ahmad, Normila and Osman-Schlegel, Linda 2013, The factors that affect the cost estimation activities in the tender preparation process in the Malaysian construction industry, in ASEA-SEC-1 2012 : Research, development, and practice in structural engineering and construction : Proceedings of the First Australasia and South-East Asia Structural Engineering and Construction Conference, Research Publishing Services, Singapore, pp. 997-1002.

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Title The factors that affect the cost estimation activities in the tender preparation process in the Malaysian construction industry
Author(s) Ahmad, Normila
Osman-Schlegel, Linda
Conference name Australasia and South-East Asia Structural Engineering and Construction. Conference (1st : 2012 : Perth, WA)
Conference location Perth, WA
Conference dates 28 Nov.-2 Dec. 2012
Title of proceedings ASEA-SEC-1 2012 : Research, development, and practice in structural engineering and construction : Proceedings of the First Australasia and South-East Asia Structural Engineering and Construction Conference
Editor(s) Vimonsatit, Vanissorn
Singh, Amarjit
Yazdani, Siamak
Publication date 2013
Conference series Australasia and South-East Asia Structural Engineering and Construction Conference
Start page 997
End page 1002
Total pages 6
Publisher Research Publishing Services
Place of publication Singapore
Keyword(s) cost estimation
cost estimation accuracy
contractor
The malaysian construction industry
tender preparation process
pilot study
Summary The possibility of winning the tender is subject to the cost estimation proposed by the contractors compared to the cost estimation prepared by the client’s representative. Studies indicated that one of the construction company failures in the tendering process is due to the uncertain, incorrect, and unrealistic cost estimation. Failure to provide a competitive cost estimation on time is the main reason the contractor is not successful in winning the tender, and will not be considered for the tender evaluation stage. The aim of this paper is to validate the key factors that affect the cost estimation activities in the tender preparation process. This paper describes the results of a pilot study, from a questionnaire survey on the factors that affect the cost estimation activities in the tender preparation process. The study shows the importance of all the factors in the cost estimation activities in the tender preparation process in terms of human factors, working culture, and information technology.
ISBN 9789810736781
9810736789
Language eng
Field of Research 120201 Building Construction Management and Project Planning
Socio Economic Objective 870599 Building Management and Services not elsewhere classified
HERDC Research category E1 Full written paper - refereed
Restricted until 2016
Copyright notice ©2013, Research Publishing Services
Persistent URL http://hdl.handle.net/10536/DRO/DU:30051276

Document type: Conference Paper
Collection: School of Architecture and Built Environment
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