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AuthorHassan, M.E.
AuthorKandil, A.
AuthorSenouci, A.
AuthorAl-Derham, H.
Available date2016-09-26T11:04:17Z
Publication Date2013
Publication NameProceedings, Annual Conference (2013) - Canadian Society for Civil Engineering: 4th Construction Specialty Conference
ResourceScopus
CitationHassan, M.E., Kandil, A., Senouci, A., Al-Derham, H. "Measuring construction materials price fluctuation risk" (2013) Proceedings, Annual Conference - Canadian Society for Civil Engineering: Know-How - Savoir-Faire, CSCE 2013; Montreal; Canada; 29 May 2013 through 1 June 2013; Code 113036
ISBN978-1-894662-22-2
URIhttp://hdl.handle.net/10576/4774
AbstractConstruction projects costs are believed to be highly susceptible to a combination of internal and external factors. One of these factors is the prices of construction materials and the risk of their fluctuation. This paper explores this risk by statistically measuring the historical volatility of the prices of three key construction materials; namely steel, cement, and lumber. The main objective of this analysis is to assess the degree of risk involving construction materials as a first step in an ongoing research that targets developing means for hedging against the price fluctuation risk.
Languageen
PublisherCanadian Society for Civil Engineering
SubjectRisk assessment
Costs
Technology transfer
Construction projects
Degree of risks
Internal and external factors
Price fluctuation
TitleMeasuring construction materials price fluctuation risk
TypeConference Paper


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