Concepedia

Contingency Allowance Estimation

Contingency Allowance Estimation is a quantitative method within expenditure estimation that determines the additional funds reserved to address unforeseen risks or uncertainties in project costs, distinguished by its focus on probabilistic analysis and risk-adjusted budgeting to ensure financial robustness.

4

Publications

237

Citations

6

Authors

3

Institutions

Publications per year

2017–2026

0

Parents

Publications

4

Using Risk Analysis to Determine Construction Project Contingencies

Stephen Mak · Journal of Construction Engineering and Management · 2000 · 166 citations

, , +17

The effect on contingency allowances of using risk analysis in capital cost estimating: a Hong Kong case study

Stephen Mak, Jenny L.P. Wong, David Picken · Construction Management and Economics · 1998 · 47 citations

, , +13

ANN approach to determine cost contingency in international construction project

Gül Polat · Journal of applied management and investments · 2012 · 12 citations

, , +14

Effectiveness evaluation of contingency sum as a risk management tool for construction projects in Niger Delta, Nigeria

Monday Otali, IA Odesola · Ethiopian Journal of Environmental Studies and Management · 2014 · 12 citations · Full text

, , +17

1–4 of 4

Authors

6

  1. SM
    Stephen Mak

    Hong Kong Polytechnic University, Hong Kong SAR China

    2 publications · 213 citations

    2

    h-index

  2. IO
    IA Odesola

    University of Uyo, Nigeria

    1 publications · 12 citations

    1

    h-index

  3. DP
    David Picken

    Deakin University, Australia

    1 publications · 47 citations

    1

    h-index

  4. GP
    Gül Polat

    Istanbul Technical University, Türkiye

    1 publications · 12 citations

    1

    h-index

  5. MO
    Monday Otali

    University of Uyo, Nigeria

    1 publications · 12 citations

    1

    h-index

1–5 of 6

Institutions

3

  1. Hong Kong Polytechnic University

    Hong Kong, Hong Kong

    1 h-index

    2 publications

    332 citations

  2. Deakin University

    Burwood, Australia

    1 h-index

    2 publications

    332 citations

  3. University of Uyo

    Uyo, Nigeria

    1 h-index

    2 publications

    24 citations

1–3 of 3

Venues

  1. Journal of applied management and investments

    JAMI · 1 publications · 12 citations

    1

    h-index

  2. Ethiopian Journal of Environmental Studies and Management

    EJESM · 1 publications · 12 citations

    1

    h-index

  3. Construction Management and Economics

    1 publications · 47 citations

    1

    h-index

  4. 1

    h-index

1–4