ENHANCING COST ADVICE OF PUBLIC SECTOR CLIENT ORGANISATIONS BY FORMALISING BUILDING PRICE FORECASTING PROCESS
Public sector procurement laws require that building price forecast be established in-house atconstruction project initiation. This has often posed problems of performance most times due topoor budgeting (causing building projects cost and time overruns) for proposed projectsespecially public funded projects. Thus, Building Price Forecasting (BPF),which is the basicfor cost advicethat public clien...