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[2010-09-09] Validation of geographically based surface interpolation methods for adjusting construction cost estimates by project location In the construction industry, cost estimates are fundamental to the success of a construction project. Location factors are commonly used to adjust cost estimates by project location. However, not all locations have ...
Location factors are used to adjust conceptual cost estimates by project location. Presently, the construction industry has adopted a simple, proximity-based interpolation method which uses the “nearest neighbor” location ...