Corrective Measures for Construction Project Cost Control

Kofi Owusu Adjei, Clinton Ohis Aigbavboa, Wellington Didibhuku Thwala

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Citations (Scopus)

Abstract

This paper examines corrective measures for construction project cost control. The objectives of the study are to evaluate the procedures and the essential skills required for conducting corrective measures for project cost control. The source of data for conducting the study was literature review. The study reveals that, cost control models or frameworks have corrective measures activity. Corrective measures are well conducted by identifying the causes of the variances of the various work activities or resources such as materials, labor, plant and equipment, and profit and overheads. The procedure for carrying out corrective measures starts from identification of the cause of the problem to evaluation of the corrective measure undertaken. The skills identified are systematic documentation of problem, creativity, brainstorming, problem solving, and effective collaboration in the work environment. A template report form was proposed for carrying out corrective measures in the cost control process.

Original languageEnglish
Title of host publicationICCREM 2017
Subtitle of host publicationProject Management and Construction Technology - Proceedings of the International Conference on Construction and Real Estate Management 2017
EditorsYongshi Pang, Yimin Zhu, Yaowu Wang, Geoffrey Q. P. Shen
PublisherAmerican Society of Civil Engineers (ASCE)
Pages31-37
Number of pages7
ISBN (Electronic)9780784481080
DOIs
Publication statusPublished - 2017
Event2017 International Conference on Construction and Real Estate Management: Project Management and Construction Technology, ICCREM 2017 - Guangzhou, China
Duration: 10 Nov 201712 Nov 2017

Publication series

NameICCREM 2017: Project Management and Construction Technology - Proceedings of the International Conference on Construction and Real Estate Management 2017

Conference

Conference2017 International Conference on Construction and Real Estate Management: Project Management and Construction Technology, ICCREM 2017
Country/TerritoryChina
CityGuangzhou
Period10/11/1712/11/17

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Building and Construction

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