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Cost and time control of construction projects: inhibiting factors and mitigating measures in practice

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  • Yakubu Adisa Olawale
  • Ming Sun

Abstract

Despite the availability of various control techniques and project control software many construction projects still do not achieve their cost and time objectives. Research in this area so far has mainly been devoted to identifying causes of cost and time overruns. There is limited research geared towards studying factors inhibiting the ability of practitioners to effectively control their projects. To fill this gap, a survey was conducted on 250 construction project organizations in the UK, which was followed by face-to-face interviews with experienced practitioners from 15 of these organizations. The common factors that inhibit both time and cost control during construction projects were first identified. Subsequently 90 mitigating measures have been developed for the top five leading inhibiting factors—design changes, risks/uncertainties, inaccurate evaluation of project time/duration, complexities and non-performance of subcontractors were recommended. These mitigating measures were classified as: preventive, predictive, corrective and organizational measures. They can be used as a checklist of good practice and help project managers to improve the effectiveness of control of their projects.

Suggested Citation

  • Yakubu Adisa Olawale & Ming Sun, 2010. "Cost and time control of construction projects: inhibiting factors and mitigating measures in practice," Construction Management and Economics, Taylor & Francis Journals, vol. 28(5), pages 509-526.
    • Handle: RePEc:taf:conmgt:v:28:y:2010:i:5:p:509-526
    DOI: 10.1080/01446191003674519
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    Citations

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    Cited by:

    1. Kareem Mohammad Mahmoud Mostafa & Dr. Ayman Hamdy Nassar, 2018. "Using Artificial Neural Networks to Model Cost Overruns in Real Estate Projects," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 5(10), pages 72-86, October.
    2. Shenzhe Jiang & Junjie Xia & Jiajun Xu & Jianye Yan, 2023. "A theory of National Development Bank: long-term investment and the agency problem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(3), pages 995-1024, October.
    3. repec:eur:ejfejr:4 is not listed on IDEAS
    4. Byung-Yun Son & Eul-Bum Lee, 2019. "Using Text Mining to Estimate Schedule Delay Risk of 13 Offshore Oil and Gas EPC Case Studies During the Bidding Process," Energies, MDPI, vol. 12(10), pages 1-25, May.
    5. Zakari Mustapha & Benjamin Boahene Akomah & Samuel Kwame Ansah, 2023. "Construction Projects Success: Time, Cost, Quality and Safety," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(9), pages 680-688, September.
    6. Nyoni, Thabani, 2019. "Cost overrun factors in construction industry: a case of Zimbabwe," MPRA Paper 96788, University Library of Munich, Germany.
    7. Atle Oglend & Petter Osmundsen & Sindre Lorentzen, 2016. "Cost Overrun at the Norwegian Continental Shelf: The Element of Surprise," CESifo Working Paper Series 5886, CESifo.
    8. Francisco Pinheiro Catalão & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2023. "The entanglement of time and cost deviations in public projects," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(1), pages 241-272, March.
    9. Shahab Shoar & Nicholas Chileshe, 2021. "Exploring the Causes of Design Changes in Building Construction Projects: An Interpretive Structural Modeling Approach," Sustainability, MDPI, vol. 13(17), pages 1-23, August.
    10. Giuliano Marella & Valentina Antoniucci, 2019. "Time Overrun in Public Works—Evidence from North-East Italy," Sustainability, MDPI, vol. 11(24), pages 1-17, December.
    11. Osmundsen, Petter & Roll, Kristin Helen, 2016. "Rig rates and drilling speed: reinforcing effects," UiS Working Papers in Economics and Finance 2016/4, University of Stavanger.
    12. Temitope Seun Omotayo & Bankole Awuzie & Valerie Kenechukwu Obi & Saheed Ajayi & Lovelin Ifeoma Obi & Oluyomi Osobajo & Adekunle Oke, 2022. "The System Dynamics Analysis of Cost Overrun Causations in UK Rail Projects in a COVID-19 Epidemic Era," SAGE Open, , vol. 12(2), pages 21582440221, May.
    13. Patrick Uwineza & Jean de Dieu Dushimimana, 2022. "Project Management Practices And Effectiveness Of Private Radio Station’S Projects A Case Of Selected Projects Of Energy Radio, In Musanze District, Rwanda (2017-2020)," Working papers 2022-42-08, Voice of Research.
    14. Hemanta Doloi & Anil Sawhney & K.C. Iyer, 2012. "Structural equation model for investigating factors affecting delay in Indian construction projects," Construction Management and Economics, Taylor & Francis Journals, vol. 30(10), pages 869-884, October.
    15. Myung-Hun Kim & Eul-Bum Lee & Han-Suk Choi, 2019. "A Forecast and Mitigation Model of Construction Performance by Assessing Detailed Engineering Maturity at Key Milestones for Offshore EPC Mega-Projects," Sustainability, MDPI, vol. 11(5), pages 1-21, February.
    16. repec:eur:ejfejr:49 is not listed on IDEAS
    17. Jin Woo Won & Wooyong Jung & Seung Heon Han & Sungmin Yun & Bonsang Koo, 2019. "What Enables a High-Risk Project to Yield High Return from a Construction Contractor’s Perspective?," Sustainability, MDPI, vol. 11(21), pages 1-17, October.

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