Study on mitigation factors for controlling cost overrun in construction project

The construction industry plays an influential role in the socio-economy of a country. In Malaysia also, the construction industry is one of essential industry participating significantly in the growth of socio-economic development. The construction industry in Malaysia are still facing a sign...

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Main Author: Abdullah, Fatehi Mansoor Saad
Format: Thesis
Language:English
English
English
Published: 2018
Subjects:
Online Access:http://eprints.uthm.edu.my/1184/1/24p%20FATEHI%20MANSOOR%20SAAD%20ABDULLAH.pdf
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spelling my-uthm-ep.11842021-09-30T06:27:56Z Study on mitigation factors for controlling cost overrun in construction project 2018-09 Abdullah, Fatehi Mansoor Saad TH1000-1725 Systems of building construction. Including fireproof construction, concrete construction The construction industry plays an influential role in the socio-economy of a country. In Malaysia also, the construction industry is one of essential industry participating significantly in the growth of socio-economic development. The construction industry in Malaysia are still facing a significant issue of cost overrun, where only 46.8% of public sector and 37.2% of private sector projects were completed within the specified budget. The issue of cost overrun has become a serious concern to investors, which needs stern attention and in-depth research to put forward solutions to this issue. The objectives of this research are to investigate current mitigation practices for controlling cost overrun in construction projects, to identify mitigation problems for controlling cost overrun in construction projects and to recommend key mitigation factors for controlling cost overrun in construction projects. The research was take place in Johor Bahru the capital of Johor State. The research based on quantitative research by using questionnaire to carry out the research. The questionnaire was designed based on the objectives each objective has ten statements with one option, in order to get accuracy results. A total of 80 questionnaires were gathered from a total of 220 contractors of G7 distributed at Johor Bahru. Data collected was analysed using the Statistical Package for the Social Science 22.0 software. The method of analysis that had being used in this research is percentage, frequency and means score value. There is dissatisfaction about the current mitigation practices for controlling cost overrun. Moreover, the study proves that there are mitigation problems faced by contractors. Furthermore, majority of the respondents agreed to the recommendation provided by the study to control cost overrun. Respondents have been recommended that may will be effectiveness to keep construction project within budget. In conclusion, the research has been introduced and recommended major mitigation factors for controlling cost overrun may will help construction industry achieve project within budget. 2018-09 Thesis http://eprints.uthm.edu.my/1184/ http://eprints.uthm.edu.my/1184/1/24p%20FATEHI%20MANSOOR%20SAAD%20ABDULLAH.pdf text en public http://eprints.uthm.edu.my/1184/3/FATEHI%20MANSOOR%20SAAD%20ABDULLAH%20COPYRIGHT%20DECLARATION.pdf text en staffonly http://eprints.uthm.edu.my/1184/2/FATEHI%20MANSOOR%20SAAD%20ABDULLAH%20WATERMARK.pdf text en validuser mphil masters Universiti Tun Hussein Onn Malaysia Fakulti Pengurusan Teknologi dan Perniagaan
institution Universiti Tun Hussein Onn Malaysia
collection UTHM Institutional Repository
language English
English
English
topic TH1000-1725 Systems of building construction
Including fireproof construction, concrete construction
spellingShingle TH1000-1725 Systems of building construction
Including fireproof construction, concrete construction
Abdullah, Fatehi Mansoor Saad
Study on mitigation factors for controlling cost overrun in construction project
description The construction industry plays an influential role in the socio-economy of a country. In Malaysia also, the construction industry is one of essential industry participating significantly in the growth of socio-economic development. The construction industry in Malaysia are still facing a significant issue of cost overrun, where only 46.8% of public sector and 37.2% of private sector projects were completed within the specified budget. The issue of cost overrun has become a serious concern to investors, which needs stern attention and in-depth research to put forward solutions to this issue. The objectives of this research are to investigate current mitigation practices for controlling cost overrun in construction projects, to identify mitigation problems for controlling cost overrun in construction projects and to recommend key mitigation factors for controlling cost overrun in construction projects. The research was take place in Johor Bahru the capital of Johor State. The research based on quantitative research by using questionnaire to carry out the research. The questionnaire was designed based on the objectives each objective has ten statements with one option, in order to get accuracy results. A total of 80 questionnaires were gathered from a total of 220 contractors of G7 distributed at Johor Bahru. Data collected was analysed using the Statistical Package for the Social Science 22.0 software. The method of analysis that had being used in this research is percentage, frequency and means score value. There is dissatisfaction about the current mitigation practices for controlling cost overrun. Moreover, the study proves that there are mitigation problems faced by contractors. Furthermore, majority of the respondents agreed to the recommendation provided by the study to control cost overrun. Respondents have been recommended that may will be effectiveness to keep construction project within budget. In conclusion, the research has been introduced and recommended major mitigation factors for controlling cost overrun may will help construction industry achieve project within budget.
format Thesis
qualification_name Master of Philosophy (M.Phil.)
qualification_level Master's degree
author Abdullah, Fatehi Mansoor Saad
author_facet Abdullah, Fatehi Mansoor Saad
author_sort Abdullah, Fatehi Mansoor Saad
title Study on mitigation factors for controlling cost overrun in construction project
title_short Study on mitigation factors for controlling cost overrun in construction project
title_full Study on mitigation factors for controlling cost overrun in construction project
title_fullStr Study on mitigation factors for controlling cost overrun in construction project
title_full_unstemmed Study on mitigation factors for controlling cost overrun in construction project
title_sort study on mitigation factors for controlling cost overrun in construction project
granting_institution Universiti Tun Hussein Onn Malaysia
granting_department Fakulti Pengurusan Teknologi dan Perniagaan
publishDate 2018
url http://eprints.uthm.edu.my/1184/1/24p%20FATEHI%20MANSOOR%20SAAD%20ABDULLAH.pdf
http://eprints.uthm.edu.my/1184/3/FATEHI%20MANSOOR%20SAAD%20ABDULLAH%20COPYRIGHT%20DECLARATION.pdf
http://eprints.uthm.edu.my/1184/2/FATEHI%20MANSOOR%20SAAD%20ABDULLAH%20WATERMARK.pdf
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