Hi everyone, I am currently working on building an econometric model to predict cost overruns in construction projects in Quebec. This model will identify various economic variables (inflation, exchange rates, labor costs, etc.) and use historical data tested over different time periods to evaluate the model’s robustness and accuracy.

Given the complexity of this topic, I am seeking advice and suggestions from the community. Here are some questions I have:

Any advice or guidance would be greatly appreciated. Thank you in advance for your time and assistance 😊.