Review of the technique application in conceptual cost estimation for building project: a bibliometric analysis

Jumas, Dwifitra Review of the technique application in conceptual cost estimation for building project: a bibliometric analysis. Construction Research Institute of Malaysia (CREAM).

Text MCRJ Volume 26, No.3 ( 2018)-62-76.pdf Available under License Creative Commons Attribution Non-commercial. Download (821kB)

Abstract

This paper presents the latest research development in conceptual cost estimation (CCE). The period is from 1995-2014. The methodology involves compiling all the relevant paper in the construction management related journals. Fifty-six relevant articles obtained from 18 major journals associated with construction management studies were successfully assessed. The four findings are: (1)trend of paper for CCE in building project show an upward trend with some fluctuations during the period; (2)the active contributors of the study in supplying analytical thinking and critical ideas are dominated by researcher from Turkey and Korea; (3) there is a clear positive trend for the papers that have applied quantitative approach which starts from 2005, whereas the papers applied qualitative approach began to steadily decrease; (4) the areas of cost factors that have increasingly higher growth affecting CCE are design and project-specific factor. Two broad recommendations are made to the field of study that researcher must select an appropriate historical data to be used for CCE and also each method is appropriate for certain individual situations.

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