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Full-Text Articles in Architecture
Cost Control During The Construction Phase Of The Building Project: - The Consultant Quantity Surveyor’S Perspective., Tony Cunningham
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 materials ...