Cover Leter

Building development costs have increased dramatically over the last decade. The impact of this on housing affordability in New Zealand is huge, with the latter occupying prime position as the priority agenda in the political, social and economic discussion forums in the country. Unfortunately, the key directions of the building development cost trend are uncertain, and the key drivers are not well understood. Understanding the root factors which significantly influence building development costs is an essential step to reliable estimation of building development costs and the future directions of the trend.

This survey complements a quantitative study being carried out as part of a postgraduate research in the School of Engineering and Advanced Technology, Massey University, Albany campus. The study aimed to bridge existing knowledge gap by examining a range of potential factors that influence building development costs with a view to ascertaining the significantly influential factors. The outcome of the study is expected to benefit construction professionals by widening their understanding of building development cost drivers and trends and how to incorporate these in making more reliable and accurate building cost estimation and budget forecasts.

To meet the objectives of the research, the attached questionnaire has been designed to obtain feedback from construction professionals. It will take approximately 10-15 minutes to complete. We would like you to participate in the survey by completing the questionnaire. Your responses will be treated in strict confidence, and will be used solely for the purpose of the study. Kindly fill-out the questionnaire. If you would be interested in the key findings of this study please supply your contact details in the section provided. If you refer anonymity, kindly fill the attached Summary Request Form and return it separately. Thank you in anticipation of your helpful response.

Yours sincerely,

Linda Zhao (Researcher)

Note: By clicking the next button, you consent to participating in this survey voluntarily. You are at liberty not to answer any question or to discontinue at any time.