Construction Engineering and Management Commons^™

Developing And Forecasting The Egyptian Construction Cost Index, Mayada Elsaied

Theses and Dissertations

Accurate cost estimation is pivotal for the success of construction projects, yet the industry grapples with challenges related to cost overruns. Uncertainties and unforeseen variables often introduce discrepancies, particularly during the planning phase. Economic changes, considered uncontrollable risks, significantly influence these fluctuations. Various research endeavors have quantified the impact of economic conditions on construction costs, emphasizing the correlation between economic indicators and project expenses. Addressing these challenges, the Construction Cost Index (CCI), a tool introduced by Engineering News Record (ENR), accurately delineates the correlation between economic changes and construction costs. Despite its global efficacy, an Egyptian Construction Cost Index is …