Leveraging Innovative Technologies for Construction Cost Management in South Africa

One of the attributes of a successful construction project is its adherence to effective cost management as anticipated ex-ante. Using innovative technologies can help achieve the aforementioned, as opposed to the traditional approach used for construction management, which has proven ineffective. Hence, this study seeks to evaluate the drivers for the uptake of innovative technologies for construction cost management in South Africa. The study employed a quantitative methodological approach, which necessitated the collection of data from the target respondents via a questionnaire. The elicited data was analysed using appropriate methods of data analysis. Findings from the analysis showed that the most significant drivers are reduced overruns, complexity of modern construction projects, and client expectations. The study's findings contribute to the body of knowledge by providing insights that can help in aiding cost management using innovative technologies. Also, the research outcome would benefit stakeholders in the South African construction industry by giving perceptions on the propelling measures for effective construction cost management.