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The Impact Of Procurement Systems On Construction Cost And Delivery
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1.5 RESEARCH HYPOTHESES
1. Ho: Variations in procurement systems do not affect construction cost.
Hi: Variations in procurement systems affect construction cost.
2. Ho: Challenges encountered when using procurement systems contribute do not contribute to construction cost overrun.
Hi: Challenges encountered when using procurement systems contribute to construction cost overrun.
3. Ho: There is no significant impact between procurement systems and construction cost management and delivery.
Hi: There is a significant impact between procurement systems and construction cost management and delivery.
1.6 SIGNIFICANCE OF THE STUDY
This
study will be of importance to personnel in the construction industry
and the general public because it would not only clarify but also create
awareness of the extent to which inadequacies in cost management and
procurement systems 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.
1.7 SCOPE OF THE STUDY
The study will cover some
selected contractors from Owerri. All findings and recommendations from
the study may not reflect the true view of the traditional roles and
changing roles of quantity surveyors as the researcher could not cover a
wider area due to financial and time constraints.
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ABSRACT - [ Total Page(s): 1 ]The study to examine procurement systems and it impact on cost management and delivery, the study has the following objectives,to identify various procurement systems commonly used by quantity surveyors in Owerri, to examine challenges encountered when employing various procurement systems for construction projects and to examine the impact of procurement systems on construction cost.
Concerning methodology for this study, data was obtained from primary source that is standardized structured qu ... Continue reading---