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STUDY OF FACTORS AFFECTING CONSTRUCTION COST PERFORMANCE IN NIGERIAN CONSTRUCTION SITES
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- Contributor: mr-chris
- engagements: 124
- Case No: 523833ip
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ABSRACT - [ Total Page(s): 1 ]ABSTRACT Maintaining steady cost projection on construction projects had been until recently an issue of serious concern, both to the client and project contractors. Cost deviation from initial Cost plan, had been prevalent on Construction sites. However, little or no efforts has made to curtail the phenomenon, it is against this background that this research work attempt to study the factors that are responsible, so as to identify them and proffer possible ways of tackling the menace. The study attempt this through chosen construction practitioners as population and samples were drawn t
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CHAPTER ONE - [ Total Page(s): 2 ]The factors were ranked in order of their degree of severity. It was discovered from the findings that, these factors are the major ones that results in cost overrun on construction sites.(i).Inadequate planning (ii) Contractors project inexperience (iii) Inflation (iv) Incessant variation order (v) Change in project design (vi) Project complexity (vii) shortening of contract period and (viii) Fraudulent practices.In order to prevent occurrence of cost overrun or a practice action towards prevention of such, the following are recommended.(i)inadequate planning: breaking of project ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]ABSTRACT Maintaining steady cost projection on construction projects had been until recently an issue of serious concern, both to the client and project contractors. Cost deviation from initial Cost plan, had been prevalent on Construction sites. However, little or no efforts has made to curtail the phenomenon, it is against this background that this research work attempt to study the factors that are responsible, so as to identify them and proffer possible ways of tackling the menace. The study attempt this through chosen construction practitioners as population and samples were drawn t
... Continue Reading
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