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Cost Studies
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The activity, which creates all types of new buildings & civil engineering projects, as well as the maintenance & repair of existing facilities (Wells, 1984)
The construction industry embraces a wide range of loosely integrated organisations that collectively construct, alter, refurbish and repair a wide range of different buildings and civil engineering structures. The industry has certain unique characteristics, stemming mainly from the physical nature of the construction product and its demand. (Balchin et al., 1994)