Analogous estimating
Should cost modelling, Development Guidance, Version 1.0, published by Government Commercial Function in May 2021 states: ‘This technique takes data and learnings from previous services, projects or programmes and uses them to represent what future costs might be. It takes information about elements of services, projects or programmes that are similar in nature and allows them to inform what proposed costs might be in future models. These estimates can then be recalibrated for known differences between services, projects or programmes and used within a model. These techniques are often used in early phases of model development and are less accurate than other methods.’
[edit] Related articles on Designing Buildings
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Code of Practice for Electrical Energy Storage Systems.
ECA calls on members to comment on draft 4th edition.
Bringing together expertise and creating cultural benefits.
CIOB celebrates positive Ofsted report.
The Building Safety Regulator announces a call for evidence.
Government approach could undermine delivery and regeneration.
World's first mass timber data centre.
The overlooked environmental aspect of data centre development.
Introduction to radon awareness
New technical information sheet published by CIOB.
Updated supplier guide can help electrical contractors engage with NHP.
CIAT confirm the winners of the 2026 architectural technology awards.
Government launches a one stop shop for flood preparedness.
Sir Edwin Lutyens: Britain's greatest architect? Book review.
CIOB publishes free template to help assess and manage risks.