Applicability of Bromilow´s Time-cost Model for Residential Projects in Slovakia

Abstract

The concept of construction time has been mentioned by most researchers as one of the key factors of a successful project. Time-cost model for rapid estimation of construction time appeared in the world some fifty years ago and the most mentioned is model developed by Bromilow. The purpose of submitted research is to validate Bromilow´s time-cost (BTC) model and identify constants in BTC model in context with residential construction projects in Slovak construction conditions. The data for the study were obtained from 28 residential projects completed within the period 2010-2013 in regions of Slovakia. The data were analyzed using classical correlation and regression analysis