Application of Cost Control to Construction Projects
Journal Title: IOSR Journal of Mechanical and Civil Engineering (IOSR-JMCE) - Year 2018, Vol 15, Issue 6
Abstract
A high rate project abandonment due to cost over-run has really defaced the most cities. Among the success parameters of construction project namely: cost, quality and time, the project cost was the most significant among the professionals in the construction industry. The sample size of 50 was used for the study. The field data were subjected to statistical analysis using the multiple regression analysis. Among the five independent variables only construction project quality control and the construction methods/techniques indicated significant statistical relationship to the cost control methods adopted for construction project. While the others project design control, socio-economic factors, laws and regulations governing construction projects showed insignificant relationship to the control of the cost of construction projects.
Authors and Affiliations
Opara Hyginus Emeka
Keywords
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- DOI 10.9790/1684-1506010108.
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