Risk Factors in Construction Estimating

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Abstract

Construction estimators play a huge role in the project's bidding process. A good estimate is one that appropriately considers the scope of work of the project; this helps reduce the chances of an unforeseen expense or risk that could delay the project. Estimators face many challenges because they must take into account the market conditions, project timeline, labor cost, material cost, and contingencies of the project when they are working on the construction estimate. A single mistake from their side can cause the project to go over budget, so staying up to date with the previous construction estimates is extremely important since the data can help the estimators with future references and help them find ways to improve and prevent unforeseen expenses. This research was collected from a journal to demonstrate the risk factors that impact a construction project estimate. The data was gathered from a questionnaire and then labeled on a chart to illustrate the impact the risk factor causes on the project cost and the risk factor's occurrence level.
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Risk Factors in Construction Estimating | Authorea try { document.documentElement.classList.add('js'); } catch (e) { } var _gaq = _gaq || []; _gaq.push(['_setAccount', 'G-8VDV14Y67G']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })(); Skip to main content Preprints Collections Wiley Open Research IET Open Research Ecological Society of Japan All Collections About About Authorea FAQs Contact Us Quick Search anywhere Search for preprint articles, keywords, etc. Search Search ADVANCED SEARCH SCROLL This is a preprint and has not been peer reviewed. Data may be preliminary. 23 March 2026 V1 Latest version Share on Risk Factors in Construction Estimating Author : Carlos Chavez 0009-0008-2810-8802 [email protected] Authors Info & Affiliations https://doi.org/10.22541/au.177430059.93486179/v1 95 views 62 downloads Contents Abstract Supplementary Material Information & Authors Metrics & Citations View Options References Figures Tables Media Share Abstract Construction estimators play a huge role in the project's bidding process. A good estimate is one that appropriately considers the scope of work of the project; this helps reduce the chances of an unforeseen expense or risk that could delay the project. Estimators face many challenges because they must take into account the market conditions, project timeline, labor cost, material cost, and contingencies of the project when they are working on the construction estimate. A single mistake from their side can cause the project to go over budget, so staying up to date with the previous construction estimates is extremely important since the data can help the estimators with future references and help them find ways to improve and prevent unforeseen expenses. This research was collected from a journal to demonstrate the risk factors that impact a construction project estimate. The data was gathered from a questionnaire and then labeled on a chart to illustrate the impact the risk factor causes on the project cost and the risk factor's occurrence level. Supplementary Material File (carlos-2026.pdf) Download 361.32 KB Information & Authors Information Version history V1 Version 1 23 March 2026 Copyright This work is licensed under a Non Exclusive No Reuse License. Keywords and project feasibility construction bid construction estimating construction estimating risk factors resource allocation Authors Affiliations Carlos Chavez 0009-0008-2810-8802 [email protected] Civil Engineering Researcher, Stanford University View all articles by this author Metrics & Citations Metrics Article Usage 95 views 62 downloads .FvxKWukQNSOunydq8rnd { width: 100px; } Citations Download citation Carlos Chavez. Risk Factors in Construction Estimating. Authorea . 23 March 2026. DOI: https://doi.org/10.22541/au.177430059.93486179/v1 If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download. For more information or tips please see 'Downloading to a citation manager' in the Help menu . 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