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Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

2019

Business

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Technological University Dublin

Global cost control

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Full-Text Articles in Engineering

Standardisation In Construction Cost Control (A Method Of Approach), Charles Mitchell Mar 2019

Standardisation In Construction Cost Control (A Method Of Approach), Charles Mitchell

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As construction projects became larger and more complex the need to control their costs became greater. As a result, cost control professions such as the cost manager and the quantity surveyor emerged. Cost control mechanisms have evolved with changes in the construction sectors. It is now apparent that the output of the construction sector plays an important part in the economic stability and growth of both national and international economies. Recently a coalition was formed to produce an international construction measurement standard (ICMS). All member organisations of the ICMS have pledged to mandate the standard amongst their membership and seek …