UTHM Institutional Repository

Categorization of potential project cost overrun factors in construction industry

Karunakaran, P. and Abdullah, A. H. and Nagapan, S. and Sohu, S. and Kasvar, K. K. (2017) Categorization of potential project cost overrun factors in construction industry. In: 4th International Conference on Civil and Environmental Engineering for Sustainability (IConCEES 2017), 4–5 December 2017, Langkawi, Malaysia.

[img]
Preview
PDF
P9784_49e81cbf30c18b7d55e62ab0f09b704a.pdf

Download (299kB)

Abstract

Cost overrun has been severely hit down the economy and reputations for many construction industry around the world. Many project management tools developed to control the budget of a project. However, the cost management is still considered poor as there are many cost overrun issues occurred in the construction industry. Thus, this paper aims to identify and cluster the potential construction project cost overrun factors according to their originating groups using the thematic approach. Basically, through literature review, all the potential factors that may cause cost overrun were screened thoroughly before they were clustered into seven (7) groups of the originating factors, namely project, contract, client, contractor, consultant, labour and external. Each potential factor was explained clearly with some examples based on the Malaysian case studies to illustrate the cost overrun scenario. These findings may aid in the future to highlight on how to mitigate the critical potential factors of cost overrun to reduce or overcome its impact on all the stakeholders involved.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD9000-9999 Special industries and trades > HD9715-9717.5 Construction industry
Divisions: Faculty of Civil and Environmental Engineering > Department of Construction Engineering and Architecture
Depositing User: Mr. Mohammad Shaifulrip Ithnin
Date Deposited: 31 Jul 2019 01:01
Last Modified: 31 Jul 2019 01:01
URI: http://eprints.uthm.edu.my/id/eprint/11433
Statistic Details: View Download Statistic

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year