Presenting a pricing model that reduces risk and offers potentially considerable rewards, this book offers a fresh perspective on the prices that contractors choose for the components of large projects, such as those in the construction and civil engineering industries. A new theory on Component Unit Pricing identifies and quantifies the benefits and consequences of item pricing as this account proposes that contractors should optimize their utility by pricing items to take account of their assessed risk profiles. A CD-ROM containing software written to test this theory is also included.
Juta Academic; April 2012
- ISBN 9781920516529
- Read online, or download in secure PDF format
- Title: Construction Item Pricing
- Author: David Cattell
Imprint: Juta Academic
In The Press
"A breakthrough text that brings a new approach to a traditional subject area." —Andrew Baldwin, professor, The Wolfson School of Mechanical and Manufacturing Engineering, Loughborough University, England
About The Author
David Cattell is a discipline leader for construction and quantity surveying at Bond University in Australia. He is the developer of an online expert system called CarWise, which constructs innovative "total cost of ownership" models.