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Assessing causal relationships between construction resources and cost overrun using PLS path modelling focusing in southern and central region of Malaysia

Memon, Aftab Hameed and Abdul Rahman, Ismail and Abdul Aziz, Ade Asmi (2014) Assessing causal relationships between construction resources and cost overrun using PLS path modelling focusing in southern and central region of Malaysia. Journal of Engineering and Technology, 4 (1). ISSN 2180-3811

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Abstract

Construction resources are fundamental requirement for any construction project to achieve project completion within estimated budget. The fundamental construction resources include material, manpower, machinery and money. These resources have significant effect on construction cost. Construction cost is now a days facing problem of coverrun. Hence, it is very critical to assess impact of various resources on cost overrun. Data collection was carried out using structured questionnaire survey amongst client, consultant and contractors in southern and central region of Malaysia. A total of 234 questionnaire were collected including 128 in southern part and 106 in central part. Data was analysed with PLS path modelling using SmartPLS v2.0 software. The result showed that resources have significant effect on cost overrun. Extracted variance showed that in southern region, around 40% of cost variation can be caused because of construction resource while in central region variance is achieved as 59%. Material resource was found as common and most significant resource in southern and central region. GoF value was achieved as 0.529 and 0.566 for southern and central regions respectively confirming the explaining power of the proposed path model.

Item Type: Article
Uncontrolled Keywords: construction resources; central Malaysia; southern Malaysia; PLS path modelling
Subjects: T Technology > TA Engineering (General). Civil engineering (General) > TA630-695 Structural engineering (General)
T Technology > TH Building construction > TH1-844 Building construction
Divisions: Faculty of Civil and Environmental Engineering > Department of Civil Engineering Technology
Depositing User: Normajihan Abd. Rahman
Date Deposited: 27 Feb 2014 03:53
Last Modified: 04 Nov 2019 07:18
URI: http://eprints.uthm.edu.my/id/eprint/4992
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