• P-ISSN 0974-6846 E-ISSN 0974-5645

Indian Journal of Science and Technology

Article

Indian Journal of Science and Technology

Year: 2019, Volume: 12, Issue: 4, Pages: 1-7

Original Article

Prompting Cost Overrun Factors during PCP in Construction Projects

Abstract

A construction project involving Public capital normally goes through serious problems and challenges of cost overrun. This issue if addressed at pre-construction planning phase can reduce various problems of budget overrun. Objectives: The aim of this research study is to explore the most critical factors of cost overrun in construction projects of Pakistan during Pre-Construction Planning (PCP) phase. Methods/Statistical Analysis: A structured questionnaire was designed for data collection. A total of 110 questionnaires were distributed among construction firms located in Pakistan which were analyzed statistically to determine significant factors. Statistical Package for the Social Sciences (SPSS) version 24.0 was used to find out the critical factor of cost overrun in construction project of Pakistan during PCP phase through relative importance index method. Findings:The research concludes that top most critical factor of cost overrun during PCP phase of construction projects are, wrong or improper design, inaccurate estimation, variation in scope of work, poor resource management and change of orders. Application/Improvements: This research is a step towards reduction of cost overrun issues in construction projects.

Keywords: Cost overrun, Construction Project, Importance Index (RII), Pakistan, Pre-Construction Planning (PCP) Relative

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