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Project titleOptimisation of the Stress and Performance of Estimators (October 2001 – September 2002) Abstract: The major function of an estimator is to predict the probable final cost of a
construction project. Since most construction projects are of a fixed
price nature, an accurate cost prediction would determine the project
success and the ultimate profit margin. Cost estimation not only requires
precise technical and analytical input from estimators, but also involves
the use of subjective judgement. However, the short tendering period
together with the accuracy required put a lot of stress on estimators.
Clinical studies have shown that a reasonable level of stress could
stimulate output, but excessive stress might seriously affect an individual’s
performance. The purpose of this research is to examine the effects
of stress on the performance of estimators in Hong Kong. The objectives
are to: (1) identify the factors causing stress to estimators; (2)
examine the manageability of the stress factors identified; and (3)
establish the relationships between stress and performance. It is envisaged
that the findings of (1) – (3) will help to devise a Stress–Performance
model for cost estimators, and this part of the research will be carried
out in subsequent research
studies
Leung M.Y., Lam C.C.Y. (2002) Factors causing the stress to the estimators in the construction industry, Proceedings of the Conference on Re-engineering Construction: Enabling and Motivating Excellence, H.K.: Asian Construction Management Association, Chartered Institute of Building (HK), and Hong Kong Institution of Engineers (Building Division), 103-108. Leung M.Y., Skitmore M., Ng S.T., Cheung S.O. (2005) Stressors of cost estimation in Hong Kong. Construction Management and Economics, 23(1), 33-43. Leung M.Y., Olomolaiye P., Chong A., Lam C.C.Y. (2005)
Impact of stress on estimation performance. Construction Management
and Economics, in press. |
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