Incorporating inflation rate in construction projects cost: Forecasting model

Over time, the change in the inflation rate causes cost overruns by deviating the prices of goods and services in construction projects that require practitioners to make budgeting revisions. Hence, this study aims to develop a construction rates forecasting model that can incorporate the changing i...

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Bibliographic Details
Published in:Heliyon
Main Authors: Muhammad Ali Musarat, Wesam Salah Alaloul, M.S. Liew
Format: Article
Language:English
Published: Elsevier 2024-02-01
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844024020681