Cost estimation performance in the Construction Projects: A systematic review and future directions.

Mohammad Waffy, Fazil and Lee, Chia Kuang and Puteri Fadzline, Muhamad Tamyez (2021) Cost estimation performance in the Construction Projects: A systematic review and future directions. International Journal of Industrial Management (IJIM), 11 (1). pp. 217-234. ISSN 2289-9286 (Print); 0127-564x (Online). (Published)

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Abstract

Cost estimation in a construction project is very critical to avoid cost overrun in the project. This paper aims to provide a basis to improve cost estimation performance in construction through a systematic review of previous studies for the last 31 years. The papers identified a total of 238 construction cost estimation papers in 23 journals. Only 33 papers focused on factors influencing the performance of cost estimation. These papers were then analyzed, synthesized, and summarized in terms of the distribution across countries and citation influences. The factors of cost estimation performance were clustered into several themes with most of the factors in control themes. The factors in control themes are cluttered based on Organizational Control Theory (OCT). However, control themes provide less conceptual basis and dynamic to explain cost estimation performance and relationship among the factors. Therefore, this study reclassified other factors of cost estimation performance with reference to Contingency Theory (CT) and Task Technology Fit Theory (TTFT). Hence, a new framework with a relationship among the factors and cost estimation performance was developed. Further development and research of using the CT and TTFT frameworks were also discussed.

Item Type: Article
Uncontrolled Keywords: Systematic literature review; Cost estimation performance; Task-technology fit theory; Contingency theory; Organizational control theory
Subjects: H Social Sciences > H Social Sciences (General)
Faculty/Division: Faculty of Industrial Management
Institute of Postgraduate Studies
Depositing User: Dr. Lee Chia Kuang
Date Deposited: 22 Mar 2022 05:35
Last Modified: 22 Mar 2022 05:35
URI: http://umpir.ump.edu.my/id/eprint/33248
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