Designing Buildings: Created page with "[https://www.gov.uk/government/publications/should-cost-modelling-tools-and-templates Should cost modelling, Development Guidance, Version 1.0], published by Government Commercia..."

2021-10-25T08:28:41Z

Created page with "[https://www.gov.uk/government/publications/should-cost-modelling-tools-and-templates Should cost modelling, Development Guidance, Version 1.0], published by Government Commercia..."

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[https://www.gov.uk/government/publications/should-cost-modelling-tools-and-templates Should cost modelling, Development Guidance, Version 1.0], published by Government Commercial Function in May 2021 states: ‘This is a statistical technique that uses historical data relating to key cost drivers to provide an estimation of what cost might be under different conditions (e.g. using square footage from previous projects to provide a parameter that can be flexed to scale up or down for future, differently sized, projects).’

= Related articles on Designing Buildings =

* Analogous estimating.
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* Parametric modelling.
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* Public procurement.
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[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]]

Parametric estimating - Revision history

Designing Buildings: Created page with "[https://www.gov.uk/government/publications/should-cost-modelling-tools-and-templates Should cost modelling, Development Guidance, Version 1.0], published by Government Commercia..."