Kothari Karan Dineshbhai

CM4050

Large scale construction and infrastructure projects have recently increased in large numbers especially in residential, commercial, highways and government facilities around the world. For this, building construction costs are a key consideration, since they are a major factor in determining tender rates, and they will also have an impact on the execution phase due to numerous construction material rates fluctuation during the construction phase, which will result in cost implications. Due to this volatility in the market stakeholders of construction industry have to face many difficulties and to resolved it the rates can be forecasted.