STUDY OF FACTORS AFFECTING CONSTRUCTION COST PERFORMANCE IN NIGERIAN CONSTRUCTION SITES
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Abstract
Maintaining steady cost projection on construction projects had been until recently an issue of serious concern, both to the client and project contractors. Cost deviation from initial Cost plan, had been prevalent on Construction sites. However, little or no efforts has made to curtail the phenomenon, it is against this background that this research work attempt to study the factors that are responsible, so as to identify them and proffer possible ways of tackling the menace. The study attempt this through chosen construction practitioners as population and samples were drawn to this effect at random from the category of professionals, using probability sampling methods. The Data were collected from primary source consisting of structured questionnaire designed in Likert Scale in rating Scale of 1to5, while the Secondary Data were collected through review of Journal articles and relevant Text books. The Data were analysed using Severity Index, Ranking and Simple Percentages. It was discovered from the analysis that factors such as Contractors inexperience, inadequate planning, Inflation, incessant variation order, and change in project design were critical to causing cost overrun, while project complexity, shortening of project period and fraudulent practices are also responsible. The study concluded with recommending, adequate planning using conventional techniques, Studying and applying project history, material bulk purchase, proper project design and establishing proactive fraud prevention system on sites, as panacea for effective cost performance on sites.
Related Project Materials
FACTORS MILITATING AGAINST PROPER TEACHING AND LEARNING OF LITERATURE -IN - ENGLISH IN SENIOR SECONDARY SCHOOLS
ABSTRACT
This study was carried out to examine factors militating against proper teaching and lear...
HOW ADVERTISING AFFECTS CONSUMER BRAND PREFERENCE
BACKGROUND OF THE STUDY
The French newspaper La Presse was the first to publish paid advertisements within its p...
The Impact of Environmental Taxes on Corporate Behavior in Nigeria: A Case Study of Cement Manufacturing Firms
Background of the Study
Environmental taxes are designed to internalize the costs of e...
THE IMPACT OF COOPERATIVE SOCIETY IN EMPOWERING GRASSROOT DEVELOPMENT
ABSTRACT
This report is based on “the Impact of Cooperative Society in empowering grassroot devel...
Development of a Machine Learning Model for Identifying COVID-19 Variants: A Case Study of Federal Medical Centre, Katsina, Katsina State
Background of the Study
The emergence of COVID-19 variants has posed significant challenges to public health systems worldw...
UTILIZATION OF INSTRUCTIONAL MATERIALS FOR EFFECTIVE TEACHING AND LEARNING OF BUSINESS EDUCATION IN JUNIOR SECONDARY SCHOOLS
ABSTRACT
In this work we analysed the use of instructional materials for effective teaching and learnin...
The impact of geopolitical alliances on the implementation of poverty reduction programs in Kaltungo Local Government Area, Gombe State
Chapter One: Introduction
PROJECT FINANCING: CHALLENGES AND THE WAY FORWARD.
ABSTRACT
Project transport represents a dominant force in the transport industry in developing countries. It therefore s...
Examining Media Advocacy for Environmental Protection in Makurdi LGA, Benue State
Chapter One: Introduction
An Examination of the Relationship Between Historical Labor Movements and Modern Employment Policies in Nigeria
Background of the Study
Historical labor movements in Nigeria have significantly influenced the evolution of modern employm...
