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Construction Cost Analysis

1405 Words6 Pages

PART- B

In India, Cost over runs are common in construction projects. To identify and evaluate the causes of cost escalation, factors relating to the various participants involved in project execution have been identified and categorized under Client, Architect, Structural Engineer, Contractor, and External factor. The factors were identified under each category. Please indicate your response based on your experience in handling of construction project.

Catogories Cost Very low low medium high Very high
1. Client – related factors
Q 12 Number of change / extra work orders
Q 13 Slow decision making
Q 14 Delay in contract award
Q 15 Delay in handing over of site
Q 16 Unrealistic schedule
Q 17 Cash flow during construction
2. Architect related factors
Q 18 Deficiencies in cost estimate and specification prepared
Q 19 Incomplete …show more content…

5 factors have been identified in the questionnaire, which was developed to sample the opinion of construction managers on the extent to which each of the factors were contributing to overall cost overrun on a typical building project in which they are involved. The respondents were asked to assign weights to the factors 1 to 5 where, ‘1’ is the lowest score and ‘5’ is the highest score. The score assigned to each factor by the respondents represents the extent to which the factor contributes to overall cost overrun on a typical building project. The five factor categories (Client-related, Architect-related, Structural Engineer-related, and Contractor-related and External factor) were formulated in the questionnaire, which was developed to sample the opinion of construction managers on the extent to which each of the factor categories contributed to the overall cost overrun on a typical building construction project in which they are

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