Chapter
Nov 9, 2017
Corrective Measures for Construction Project Cost Control
Authors: Kofi Owusu Adjei [email protected], Clinton Ohis Aigbavboa [email protected], and Wellington Didibhuku Thwala [email protected]Author Affiliations
Publication: ICCREM 2017
Abstract
This paper examines corrective measures for construction project cost control. The objectives of the study are to evaluate the procedures and the essential skills required for conducting corrective measures for project cost control. The source of data for conducting the study was literature review. The study reveals that, cost control models or frameworks have corrective measures activity. Corrective measures are well conducted by identifying the causes of the variances of the various work activities or resources such as materials, labor, plant and equipment, and profit and overheads. The procedure for carrying out corrective measures starts from identification of the cause of the problem to evaluation of the corrective measure undertaken. The skills identified are systematic documentation of problem, creativity, brainstorming, problem solving, and effective collaboration in the work environment. A template report form was proposed for carrying out corrective measures in the cost control process.
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© 2017 American Society of Civil Engineers.
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Published online: Nov 9, 2017
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Ph.D. Candidate, Dept. of Construction Management and Quantity Surveying, Faculty of Engineering and the Built Environment, Univ. of Johannesburg, Johannesburg 2000, South Africa. E-mail: [email protected]
Associate Professor, Dept. of Construction Management and Quantity Surveying, Faculty of Engineering and the Built Environment, Univ. of Johannesburg, Johannesburg 2000, South Africa. E-mail: [email protected]
Professor, Dept. of Construction Management and Quantity Surveying, Faculty of Engineering and the Built Environment, Univ. of Johannesburg, Johannesburg 2000, South Africa. E-mail: [email protected]
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