This volume reflects the wide understanding of the construction process and techniques which is required by today's cost planner in his increasingly important role as the client's financial manager. The new edition has been substantially revised to reflect the growing importance of cost modelling and the use of expert systems, risk simulation and cost planning for refurbishment work as well as new buildings. This book is intended for Higher diploma and undergraduate students of quantity surveying in the UK, Australia, New Zealand, Nigeria, Hong Kong, Singapore.