Causes of cost overruns in construction projects in the Kurdistan

Oumarbil, Omar Hasan Mahmood (2015) Causes of cost overruns in construction projects in the Kurdistan. MSc dissertation, University of Portsmouth.

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    Abstract

    This research is aimed at investigating the concept of cost overrun in construction project using the Kurdistan construction industry as a case study. This investigation focused on elaborating cost management practices and factors that are responsible for cost overrun in the Kurdistan construction industry. This investigation was conducted to derive the recommendation on the best practices as being adopted across the globe.
    The construction industry often has cost overruns as a universal challenge. Cost overruns continue to plague the construction industry thereby resulting in the failure of numerous projects. There are factors that have been identified for cost overrun in project management for construction practitioners. Some factors include project location, inaccurate cost estimation, ineffective risk management, changes in client demand and poor project management standard and time delay.
    There are location specific factors that exist which can enhance the construction project management. The Kurdistan construction industry has been identified to suffer from security instability which has affected the construction industry. This is in addition with the identification of factors that work in other areas.
    With 39 participants (33 for questionnaire and 6 for interview), it was established that Kurdistan have significant problem with cost overrun in the construction industry. With the use of triangulation, in depth analysis and understand of the Kurdistan construction industry was made. It was identified that lack of training, inexistent construction standards board and poor professionalism are other factors which contribute to cost overrun in construction project.

    Item Type: Dissertation
    Departments/Research Groups: Faculty of Technology > School of Civil Engineering and Surveying
    Depositing User: Beth Atkins
    Date Deposited: 13 Nov 2015 14:45
    Last Modified: 13 Nov 2015 14:45
    URI: http://eprints.port.ac.uk/id/eprint/18882

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