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A review on causes of cost overrun in the construction projects

A. M., Faten Albtoush and R. A., Bahamid and Doh, Shu Ing and A. R., Rahimi and Saad, M. Syamsyul H. and S. Adilen, Lucia (2019) A review on causes of cost overrun in the construction projects. In: Proceedings of 3rd National Conference on Wind & Earthquake Engineering and 1st International Seminar On Sustainable Construction Engineering (NCWE & ISSCE 2019), 12-13 July 2019 , Kuala Lumpur, Malaysia. pp. 162-172..

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Abstract

Cost overrun is a frequent phenomenon in the construction projects in all countries, whether it developed or developing country. This problem is critical issues that affect project success. Thus it requires serious attention from all participants in construction projects to keep the projects in safe mode, to be completed within its limited cost, time and quality. Cost overrun have negative impact in performance of construction projects, that because construction industry is huge and complex. Any problem occurs through the life cycle of project lead to other problem in different parts of project. Through literature review many researchers studies cost overrun and indicated the most causes of cost overruns according to their studies. The current study aims to highlight the most causes of cost overrun in construction projects. These causes are classified into ten main groups according to their sources, namely: Design and contract related factors, Estimation related factors, Planning and Schedule related factors, Project Management related factors, Labour related factors, Financial related factors, Material and Machinery related factors, Construction Phase related factors, Communication Related Factors, External related factors. The importance of current research is to summarize the most important causes of cost overruns in construction projects, thus helping project participants to identify the sources of these factors to address them and mitigate their negative effects.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Developing Country; Construction Projects; Communication Related Factors
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
Faculty/Division: Faculty of Civil Engineering & Earth Resources
Institute of Postgraduate Studies
Depositing User: Pn. Hazlinda Abd Rahman
Date Deposited: 20 Nov 2019 08:34
Last Modified: 19 Feb 2020 03:36
URI: http://umpir.ump.edu.my/id/eprint/26551
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