Methodology of Estimating Construction Projects Contingency

نویسندگان

چکیده

Abstract Most construction projects suffer from many change orders during the period of project and that leads to allocate more funds cover these changes. Determining amount this fund by owner is difficult due uncertainties in project. On other side, allocated mean a restriction valuable money could be used for financial activities. In paper, proposed methodology suggested estimating contingency instead traditional approach adding fixed value based on contract This makes sure minimum through analyzing data previous similar identify most activities causing (consume contingency) then take actions planning stage organize ensure their execution within budget allocated. The determined information. applied case study consists seven Tikrit University application indicates adopt scientific (such as methodology) increase precision estimation minimize amount.

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ژورنال

عنوان ژورنال: IOP conference series

سال: 2023

ISSN: ['1757-899X', '1757-8981']

DOI: https://doi.org/10.1088/1755-1315/1129/1/012044