<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The full expansion of the general formula, which calculates the money price of a forward contract at the end of the prearranged period T, makes us tangibly understand the relationship between time and money function {M(oney)=f [t(ime)]} in determining the purchase price/cost of a forward commodity. Similarly, in the case of the production process of construction, it has been shown that there is a time-money function {M(oney) = f [t(ime)]}, which determines the purchase price/cost of a technical commodity. The purpose of this paper is to introduce the possibility of studying and interpreting of the dynamic variations of the parameters that shape the final monetary exchange value of any construction as demonstrated by the time-money relationship and determined by research and financial management.</p>
</abstract>

The full expansion of the general formula, which calculates the money price of a forward contract at the end of the prearranged period T, makes us tangibly understand the relationship between time and money function {M(oney)=f [t(ime)]} in determining the purchase price/cost of a forward commodity. Similarly, in the case of the production process of construction, it has been shown that there is a time-money function {M(oney) = f [t(ime)]}, which determines the purchase price/cost of a technical commodity. The purpose of this paper is to introduce the possibility of studying and interpreting of the dynamic variations of the parameters that shape the final monetary exchange value of any construction as demonstrated by the time-money relationship and determined by research and financial management.

Forecasting Model of the Money Price of Any Technical Work During Construction Process in Any Time Instance Due to the Management of the Construction Contract as a Forward Commodity Contract

Modelling in Civil Environmental Engineering

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The full expansion of the general formula, which calculates the money price of a forward contract at the end of the prearranged period T, makes us tangibly...

Forecasting Model of the Money Price of Any Technical Work During Construction Process in Any Time Instance Due to the Management of the Construction Contract as a Forward Commodity Contract

Published Online: Feb 10, 2023

Page range: 20 - 33

DOI: https://doi.org/10.2478/mcee-2022-0003

Keywords
Forward commodity contract, construction contract, infrastructure construction cost forecasting, forecasting the infrastructure handover time

© 2022 Pavlos Metallinos, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Forecasting Model of the Money Price of Any Technical Work During Construction Process in Any Time Instance Due to the Management of the Construction Contract as a Forward Commodity Contract

Published Online: Feb 10, 2023

Page range: 20 - 33

DOI: https://doi.org/10.2478/mcee-2022-0003

KeywordsForward commodity contract, construction contract, infrastructure construction cost forecasting, forecasting the infrastructure handover time

© 2022 Pavlos Metallinos, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
Forward commodity contract, construction contract, infrastructure construction cost forecasting, forecasting the infrastructure handover time