Measuring construction materials price fluctuation risk
| Author | Hassan, M.E. |
| Author | Kandil, A. |
| Author | Senouci, A. |
| Author | Al-Derham, H. |
| Available date | 2016-09-26T11:04:17Z |
| Publication Date | 2013 |
| Publication Name | Proceedings, Annual Conference (2013) - Canadian Society for Civil Engineering: 4th Construction Specialty Conference |
| Resource | Scopus |
| Citation | Hassan, 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 |
| ISBN | 978-1-894662-22-2 |
| Abstract | Construction 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. |
| Language | en |
| Publisher | Canadian Society for Civil Engineering |
| Subject | Risk assessment Costs Technology transfer Construction projects Degree of risks Internal and external factors Price fluctuation |
| Type | Conference |
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Civil and Environmental Engineering [851 items ]