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Cost Control During The Construction Phase Of The Building Project: - The Consultant Quantity Surveyor’S Perspective., Tony Cunningham
Cost Control During The Construction Phase Of The Building Project: - The Consultant Quantity Surveyor’S Perspective., Tony Cunningham
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Cost overruns are commonplace at all stages of the construction development process. This study discusses the practice and procedure employed by consultant quantity surveyors in controlling costs during the construction stage of traditionally procured building contracts. The discussion outlines generic cost planning and control procedures and advises practitioners to focus on the main areas of cost risk, - these typically arise as a result of incomplete design development. Particular emphasis is placed on the need to control expenditure under PC sums and provisional sums. The study outlines procedures regarding the administration of variations, claims for increased costs of labour and …
What Causes Cost Overruns On Building Projects? - An Overview., Tony Cunningham
What Causes Cost Overruns On Building Projects? - An Overview., Tony Cunningham
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Cost overruns are commonplace during the construction phase of building projects. This study investigates common reasons why cost overruns happen on building projects. It examines how the client’s priorities and decisions regarding the project duration and quality expectations can undermine cost certainty. The actions of the client’s consultants, particularly those of the architect / employer’s representative, are identified as key factors in causing or preventing cost overruns. The building process, itself, is uncertain, particularly in relation to ground conditions. Large, complex and innovative construction projects containing a substantial element of specialist work are identified as ones which are particularly prone …