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Causative factors of cost overrun in building projects of Pakistan

Sohu, Samiullah and Abdullah, Abd Halid and Nagapan, Sasitharan and Memon, Nafees Ahmed and Yunus, Riduan and Hasmori, Muhammad Fikri (2018) Causative factors of cost overrun in building projects of Pakistan. International Journal of Integrated Engineering, 10 (9). pp. 122-126.

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Cost overrun occurs when the final cost of the project exceeds the approved cost at the time of tender. Cost overrun or budget overrun is one of the many problems facing by construction industry stakeholders in the construction of building projects in Sindh Province of Pakistan. To attain the main objective of the research, deep literature review was carried out whereby the total of 64 causative factors of cost overrun were identified in construction industry. A questionnaire was developed and distributed among 28 well experienced experts having more than 20 years of experience in handling building projects. Collected data was analyzed by average index method. The results revealed that significant causative factors of cost overrun in building construction projects include financial difficulties faced by client, slow information between parties, change in price of material, delay of design, poor site management, cash and payment problem faced by contractor, and delay in decision making. The findings from this research can help practitioners of building projects to find measures to mitigate or overcome these causative factors of cost overrun way before they can lead to damaging impact on project’s cost performance.

Item Type: Article
Subjects: T Technology > T Technology (General)
Divisions: Faculty of Civil and Environmental Engineering > Department of Civil Engineering Technology
Depositing User: Mr Abdul Rahim Mat Radzuan
Date Deposited: 08 Mar 2020 00:59
Last Modified: 08 Mar 2020 00:59
URI: http://eprints.uthm.edu.my/id/eprint/12757
Statistic Details: View Download Statistic

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