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May 13, 2014
Contributions of the Construction Project Team to Cost Overruns: The Contractors' Perspective
Authors: Olusegun Akinsiku [email protected], Adeyemi Akintola, Oko Ameh, and Ayokunle IgeAuthor Affiliations
Publication: Construction Research Congress 2014: Construction in a Global Network
Abstract
A project is adjudged successful if it is completed on time, within the budgeted cost, and meets client's expectations. However, there is the global issue of construction cost and time overruns, which have contributed to poor project performance. Contractors always have been seen as the culprits in this regard, whereas the contractor is not solely involved in construction projects. There are other project team members who determine the path of the project success. This study assesses the causes of cost overruns, viewing this from the contractor's assessment of the contribution of the project team members. The study was conducted using questionnaire surveys in which 100 questionnaires were distributed to contractors using purposive sampling; data were analyzed by the use of descriptive statistics. The results show that lack of adequate precontract planning and project team coordination are the most significant factors among construction professionals leading to cost overruns. The study made recommendations, which are of benefit to the client, project team members, and contractors.
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© 2014 American Society of Civil Engineers.
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Published online: May 13, 2014
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Department of Building, Faculty of Environmental Sciences, University of Lagos, Nigeria. E-mail: [email protected]
Adeyemi Akintola
Department of Building, Faculty of Environmental Sciences, University of Lagos, Nigeria
Oko Ameh
Department of Building, Faculty of Environmental Sciences, University of Lagos, Nigeria
Ayokunle Ige
Department of Building, Faculty of Environmental Sciences, University of Lagos, Nigeria
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.