Browsing School of Engineering, Computer & Mathematical Sciences by Author "Adafin, J"

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An exploration of theoretical concepts and methods for assessing risk impacts on the variability between design stage elemental cost plan and tender sum

Adafin, J; Wilkinson, S; Rotimi, JOB; Odeyinka, H (Commission of the International Council for Research and Innovation in Building and Construction, 2014)

Reliable prediction of final tender sums of building projects from the cost plan has posed challenges for construction industry practitioners in New Zealand, especially Quantity Surveyors. No matter how much care and effort ...
Evaluating the budgetary reliability of design stage elemental cost plan in building procurement: a New Zealand study

Adafin, J; Wilkinson, SJ; Rotimi, JOB; Odeyinka, HA (Department of Construction Economics and Management University of Cape Town, Cape Town, South Africa, 2016)

Accurate prediction of final tender sums (contract sums) of building projects depends on reliable projections of baseline cost plans developed at the design development stage. However, no matter how much care and effort ...
Risk-contingency fund in the design stage elemental cost planning function: a theoretical exploration

Adafin, J; Wilkinson, S; Rotimi, J.O.B. (Australasian Universities Building Education Association (AUBEA), 2013)

Effectiveness of contingency fund management can strongly influence project success as contingency is proportional to the risk present in a project. However, the traditional allocation of a contingency fund in construction ...