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A framework for avoiding cost overruns in Malaysian construction projects

Ullah, Kaleem and Abdullah, Abd Halid and Nagapan, Sasitharan (2016) A framework for avoiding cost overruns in Malaysian construction projects. International Journal of Advanced and Applied Sciences, 3 (3). pp. 28-31.

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Abstract

Construction industry contributes significantly in the growth of socioeconomic development of a country. Construction sector not only provides essential infrastructures but also provides a high number of employment opportunities. One of the major challenges facing our construction industry worldwide for many years is the cost overrun. Construction projects in both developed and developing countries are facing this problem. Cost overrun in construction projects can occur due to many factors. Thus, this research will be conducted to identify the critical factors causing cost overrun in Malaysian’s construction projects and to propose mitigation measures for causative factors. The review of the literature will be conducted to gather information on the current common factors causing cost overrun in construction projects in Malaysia. This research will adopt a mixed mode of quantitative and qualitative research design. A questionnaire survey will be conducted to identify severe factors causing cost overrun in construction projects in Malaysia. Furthermore, a qualitative study will be performed to identify the mitigation measures for each of the critical factors causing cost overrun. Then, a questionnaire survey will be conducted among construction experts in order to evaluate the most significant mitigation measures for cost overrun factors. It is hoped that the proposed mitigation measures can help construction practitioners particularly project managers to properly manage their construction projects so as to overcome unnecessary increase in project cost from its initial allocated budget.

Item Type: Article
Uncontrolled Keywords: Construction projects; cost overrun; causative factors; mitigation measures
Subjects: T Technology > TA Engineering (General). Civil engineering (General) > TA630-695 Structural engineering (General)
Divisions: Faculty of Civil and Environmental Engineering > Department of Construction Engineering and Architecture
Depositing User: Mr. Mohammad Shaifulrip Ithnin
Date Deposited: 13 Aug 2018 03:38
Last Modified: 13 Aug 2018 03:38
URI: http://eprints.uthm.edu.my/id/eprint/8601
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