Factors affecting construction cost in Mara large construction project: perspective of project management consultant

Memon, Aftab Hameed and Rahman, Ismail Abdul and Abdullah, Mohd Razaki and Aziz, Ade Asmi Abdul (2010) Factors affecting construction cost in Mara large construction project: perspective of project management consultant. International Journal of Sustainable Construction Engineering and Technology, Vol.01 (02). pp. 41-54.

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Abstract

Project cost is one of the most important criteria of success of project and is of high concern to those who are involved in the construction industry. However, studies show that rarely projects are complete within stipulated budget. This study is focusing on identification of significant causes affecting construction cost in MARA large projects. This paper presents the results of a questionnaire survey conducted among the personnel of Project Management Consultant (PMC). Data was analyzed with statistical tools to determine the rank of factors affecting construction cost. It is concluded that cash flow and financial difficulties faced by contractors, contractor's poor site management and supervision, inadequate contractor experience, shortage of site workers, incorrect planning and scheduling by contractors are most severe factors while changes in scope of project and frequent design changes are least affecting factors on construction cost. Spearman correlation analysis showed that incorrect planning and scheduling by contractor has strong positive relationship with contractor’s poor site management and supervision, inadequate experience of contractors has strong positive relationship with incorrect planning and scheduling; and contractor’s poor site management and supervision, changes in scope of project has strong positive relationship with frequent design changes; and vice versa.

Item Type: Article
Uncontrolled Keywords: Construction Industry; Construction Cost; Factors Affecting Cost; PMC;
Subjects: Civil Engineering > Building Construction
Civil Engineering > Construction Material
Divisions: Fakultas Teknik dan Ilmu Komputer > Program Studi Teknik Sipil
Depositing User: Ahmad Yani
Date Deposited: 19 Apr 2016 06:36
Last Modified: 28 Jul 2016 14:10
URI: http://repository.bakrie.ac.id/id/eprint/68

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