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BUILDING COST MANAGEMENT
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- Contributor: mr-chris
- engagements: 66
- Case No: 423444ip
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ABSRACT - [ Total Page(s): 1 ]Lack of in-depth knowledge of whole life costing implication in building design cost management has over the years fueled the increasing bias towards the quantity surveyors estimate. Whole life costing constitutes cost management tool that enhances better understanding of the cost implication of building design over its life cycle. This study investigated the use of whole life costing in the Nigerian construction industry with focus in Imo state. The objectives were to examine the benefits, level of use, and barriers associated with the use of whole life costing in building cost management. Th
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CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONEINTRODUCTION1.1 Background to the StudyApproaches to the total cost management of construction works are now changing rapidly. The change imposes the necessity to change how the cost of construction work is conceived across domain. The term cost management connotes basically two related activities in costing that is, cost forecasting and cost control (Ashworth, Hogg and Higgs, 2013). This understanding suggests that, to be able to exert cost control yardsticks, the estimate of the cost implication must be known over defined stages in the project developme ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]Lack of in-depth knowledge of whole life costing implication in building design cost management has over the years fueled the increasing bias towards the quantity surveyors estimate. Whole life costing constitutes cost management tool that enhances better understanding of the cost implication of building design over its life cycle. This study investigated the use of whole life costing in the Nigerian construction industry with focus in Imo state. The objectives were to examine the benefits, level of use, and barriers associated with the use of whole life costing in building cost management. Th
... Continue Reading
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