Assessments of barriers to implementing cost control and optimal cost reduction techniques in construction projects : a case study of Egypt
Other Title(s)
تقييمات العوائق التي تحول دون تنفيذ أساليب التحكم في التكلفة و التقنيات المثلى لخفض التكلفة في مشاريع البناء : دراسة حالة لمصر
Author
Source
Journal of Engineering Sciences
Issue
Vol. 49, Issue 4 (31 Jul. 2021), pp.509-529, 21 p.
Publisher
Assiut University Faculty of Engineering
Publication Date
2021-07-31
Country of Publication
Egypt
No. of Pages
21
Main Subjects
Topics
- Islamic jurisprudence
- Economic conditions
- Management
- Price fluctuations
- Activities
- Cost control
- Cost accounting
- Construction engineering
- Case studies
- Control systems
- Construction projects
Abstract EN
The earned value management is a leading technique in monitoring and analyzing project performance and project progress.
To fill the gap of limited researches for studying factors inhibiting the ability of contractors to effectively control their projects, a survey was conducted on 22 construction project organizations.
It was noted that most project managers and contractors in Egypt find difficulty in controlling project costs due to problems which include Change order, Changes in the design, Errors in the design, current economic situation deterioration, Delay project and Rising prices of materials.
Main objectives of this paper are; 1) Identify and prioritize main problems for lack of techniques which cause poor management of cost control with poor site organization and inadequate supervision.
2) Demonstrate the modified Activity Based Costing system as best choices for cost accounting approach for determining construction project accurate cost.
To improve capital project cost schedule and predictability using project control system for monitoring and predicting the construction project outcomes.
The detailed scope of control systems must base on complexity, size and sensitivity strategy of studied project.
American Psychological Association (APA)
Abu al-Majd, Yasir M. R.. 2021. Assessments of barriers to implementing cost control and optimal cost reduction techniques in construction projects : a case study of Egypt. Journal of Engineering Sciences،Vol. 49, no. 4, pp.509-529.
https://search.emarefa.net/detail/BIM-1240615
Modern Language Association (MLA)
Abu al-Majd, Yasir M. R.. Assessments of barriers to implementing cost control and optimal cost reduction techniques in construction projects : a case study of Egypt. Journal of Engineering Sciences Vol. 49, no. 4 (Jul. 2021), pp.509-529.
https://search.emarefa.net/detail/BIM-1240615
American Medical Association (AMA)
Abu al-Majd, Yasir M. R.. Assessments of barriers to implementing cost control and optimal cost reduction techniques in construction projects : a case study of Egypt. Journal of Engineering Sciences. 2021. Vol. 49, no. 4, pp.509-529.
https://search.emarefa.net/detail/BIM-1240615
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1240615