Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin

Construction industry is a risky business due to the involvement of the large amount of money for every construction activities. Recently it was reported that even though there is various availability of cost control techniques and project control software in the construction industry, most of the p...

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Main Author:	Syed Jamaludin, Shariffah Zatil Hidayah
Format:	Thesis
Language:	English
Published:	2014
Subjects:	Production capacity Manufacturing capacity Malaysia
Online Access:	https://ir.uitm.edu.my/id/eprint/15141/2/15141.pdf
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id	my-uitm-ir.15141
record_format	uketd_dc
spelling	my-uitm-ir.151412024-05-30T04:53:31Z Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin 2014 Syed Jamaludin, Shariffah Zatil Hidayah Production capacity. Manufacturing capacity Malaysia Construction industry is a risky business due to the involvement of the large amount of money for every construction activities. Recently it was reported that even though there is various availability of cost control techniques and project control software in the construction industry, most of the projects still does not achieve their stipulated budget. Thus, the aim of this study will look into developing a framework of cost control in minimising the cost variance during the construction stage. The study was carried out by investigating the current cost control practices among building contractors, analysing major causes of cost variance and recommend the appropriate measures on cost control to minimise the cost variance. A total of 320 questionnaires were sent to G7/Class A building contracting firms within the Klang Valley and followed by interviews among the eight (8) construction experts. Data collected from the questionnaire surveys and interviews were analysed by using Statistical Package for Social Sciences Software (SPSS 20.0) and interview coding system. The study shows that the majority of the building contractors faced problems in poor management of cost control techniques due to the lack of technical experience and insufficient of construction cost data. Three major causes of cost variance during the construction stage were identified ranges from site management group, design and documentation group and material management group. Ultimately, the outcomes of this research will hopefully help to develop cost management framework as a guideline to improve the project execution and deliverable performance construction projects in Malaysia. 2014 Thesis https://ir.uitm.edu.my/id/eprint/15141/ https://ir.uitm.edu.my/id/eprint/15141/2/15141.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Architecture, Planning and Surveying
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Production capacity Manufacturing capacity Malaysia
spellingShingle	Production capacity Manufacturing capacity Malaysia Syed Jamaludin, Shariffah Zatil Hidayah Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin
description	Construction industry is a risky business due to the involvement of the large amount of money for every construction activities. Recently it was reported that even though there is various availability of cost control techniques and project control software in the construction industry, most of the projects still does not achieve their stipulated budget. Thus, the aim of this study will look into developing a framework of cost control in minimising the cost variance during the construction stage. The study was carried out by investigating the current cost control practices among building contractors, analysing major causes of cost variance and recommend the appropriate measures on cost control to minimise the cost variance. A total of 320 questionnaires were sent to G7/Class A building contracting firms within the Klang Valley and followed by interviews among the eight (8) construction experts. Data collected from the questionnaire surveys and interviews were analysed by using Statistical Package for Social Sciences Software (SPSS 20.0) and interview coding system. The study shows that the majority of the building contractors faced problems in poor management of cost control techniques due to the lack of technical experience and insufficient of construction cost data. Three major causes of cost variance during the construction stage were identified ranges from site management group, design and documentation group and material management group. Ultimately, the outcomes of this research will hopefully help to develop cost management framework as a guideline to improve the project execution and deliverable performance construction projects in Malaysia.
format	Thesis
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
author	Syed Jamaludin, Shariffah Zatil Hidayah
author_facet	Syed Jamaludin, Shariffah Zatil Hidayah
author_sort	Syed Jamaludin, Shariffah Zatil Hidayah
title	Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin
title_short	Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin
title_full	Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin
title_fullStr	Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin
title_full_unstemmed	Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin
title_sort	cost control framework for building contractors in minimising the cost variance / shariffah zatil hidayah syed jamaludin
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Architecture, Planning and Surveying
publishDate	2014
url	https://ir.uitm.edu.my/id/eprint/15141/2/15141.pdf
_version_	1804889556082753536

Cost control framework for building contractors in minimising the cost variance / Shariffah Zatil Hidayah Syed Jamaludin

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