TY - GEN
T1 - Corrective Measures for Construction Project Cost Control
AU - Adjei, Kofi Owusu
AU - Aigbavboa, Clinton Ohis
AU - Thwala, Wellington Didibhuku
N1 - Publisher Copyright:
© 2017 ASCE.
PY - 2017
Y1 - 2017
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=85039871862&partnerID=8YFLogxK
U2 - 10.1061/9780784481080.004
DO - 10.1061/9780784481080.004
M3 - Conference contribution
AN - SCOPUS:85039871862
T3 - ICCREM 2017: Project Management and Construction Technology - Proceedings of the International Conference on Construction and Real Estate Management 2017
SP - 31
EP - 37
BT - ICCREM 2017
A2 - Pang, Yongshi
A2 - Zhu, Yimin
A2 - Wang, Yaowu
A2 - Shen, Geoffrey Q. P.
PB - American Society of Civil Engineers (ASCE)
T2 - 2017 International Conference on Construction and Real Estate Management: Project Management and Construction Technology, ICCREM 2017
Y2 - 10 November 2017 through 12 November 2017
ER -