Causes of budget changes in building construction projects: An empirical study in Taiwan

Jyh Bin Yang, Chien Chung Chen

研究成果: 雜誌貢獻期刊論文同行評審

2 引文 斯高帕斯(Scopus)

摘要

Most contractors pay close attention to managing costs due to the direct impacts of cost overruns on their profits. Contractors often cannot effectively control the costs of a construction project due to inaccurate budget allocation, resulting in unsuccessfully forecasting project profits or losses until the project's completion. This study analyzed three real cases and utilized a questionnaire survey to identify the main causes of budget changes in building construction projects in Taiwan. Research results reveal that "client changes," "inaccurately estimated quantities," and "unclear drawings and specifications" are the main causes of budget changes. These results provide not only a means of correcting the causes of inaccurate budget allocation but also a measure for project managers to review and control their project costs, which is important to a contractor during a low-profit era.

原文???core.languages.en_GB???
頁(從 - 到)1-21
頁數21
期刊Engineering Economist
60
發行號1
DOIs
出版狀態已出版 - 2 1月 2015

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