-
The Impact Of Budgeting And Budgetary Control In Construction Project Delivery In Nigeria
CHAPTER ONE -- [Total Page(s) 3]
Page 2 of 3
-
-
-
1.3 OBJECTIVES OF THE STUDY
The main aim of the study is to examine
various cost control techniques used in construction projects and the
impact they have on project delivery. Specific objectives of the study
are:
· To identify cost control technique frequently used by contractors in construction projects.
· To examine problems encountered by contractors in managing construction project cost.
· To determine the impact of costcontrol techniques on the duration of construction projects.
1.4 RESEARCH QUESTIONS
In-order to guide the study and achieve the above stated research objectives; the following research questions were formulated:
· What cost control techniques are frequently used by contractors in construction projects?
· What are the problems faced by contractors in controlling cost in the construction project process?
· What impact does cost controlling techniques have on the duration of construction projects?
· RESEARCH HYPOTHESES
· Ho: Cost control problems lead to project delivery failures.
Hi: Cost control problems do not lead to project delivery
failures.
· Ho: Cost Control techniques lead to construction delivery failures
Hi: Cost Control techniques do not lead to construction
delivery failures
1.6 SIGNIFICANCE OF THE STUDY
This
study will be of importance to building professionals and the general
public because it would not only clarify but also create awareness of
the extent to which inadequacies in cost control techniques can
adversely affect project performance. The study will also help
contractors, clients, consultants and all parties involved in
construction projects about ways of improving their current method of
cost management and control.
The study will also be of great benefit
for other student researchers’ who may want to venture into the same
subject matter. Having gotten results-both empirically and
theoretically, the study will serve as a foundation for future research
studies.
CHAPTER ONE -- [Total Page(s) 3]
Page 2 of 3
-
