Cost Escalation in Construction Projects of Pakistan (ME Thesis) (Record no. 62687)

MARC details
000 -LEADER
fixed length control field 02114nam a2200145Ia 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name 11MCEM06
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Salman Abid Dahri
-- 11MCEM06
-- Supervisor Dr. Aftab Ahmed Memon
245 #0 - TITLE STATEMENT
Title Cost Escalation in Construction Projects of Pakistan (ME Thesis)
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher QUEST,
Place of publication Nawabshah:
Year of publication 2018.
300 ## - PHYSICAL DESCRIPTION
Number of Pages 35p.
500 ## - GENERAL NOTE
General note ABSTRACT<br/><br/>Cost escalation is ubiquitous problem especially in public projects even Pakistan Engineering council (PEC) allows the provision of' cost escalation in construction project the cost escalation is inevitable in large construction projects because of risk factors of increasing prices in construction resource. Escalation and contingency expenses include unnecessary costs due to the underestimation of the actual cost that budget amount and are considered to be risky. The cost escalation is caused because of different factors. For a successful project, it is necessary to study that factors responsible for cost escalation and after finding them necessary measures should be taken to mitigate or control them. Thus, t h is project was conducted to<br/>reveal the factors of cost escalation. For this, data involved the perception collect ion from the construction industry experts representing Contractors, Client and Consultants involved in handling various construction projects. A total of 52 data samples collected against 200 distributed questionnaire forms were analyzed statistically using frequency analysis and weighted average value. Findings of the study revealed that top five ranked important factors are cash flow and financial difficulties faced, fluctuation in prices of construct ion materials, slow payments,<br/>inflation and frequent design changes. ln order to control cost escalation client can play important role by ensuring the timely release of monthly bills of contractors. This would be helpful for contractors to manage the resource and work properly. Also, government should intervene to control fluctuations and control material prices.<br/><br/>
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Department of Civil Engineering
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://tinyurl.com/2vskujj2
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Thesis and Dissertation
Holdings
Withdrawn status Lost status Home library Current library Date acquired Accession Number Koha item type
    Research Section Research Section 22/10/2018 MP/37-399 Thesis and Dissertation
    Research Section Research Section 26/02/2019 MP/39-420 Thesis and Dissertation
    Research Section Research Section 14/12/2023 MP/52-633 Thesis and Dissertation