scholarly journals The influence of historical conditions on time and cost of construction project

2018 ◽  
Author(s):  
Magdalena Apollo ◽  
Beata Grzyl ◽  
Paweł Jakubowicz
Keyword(s):  
Construction Project ◽  
Cost Of Construction

scholarly journals Development of a cost controlling system for an investment and construction project

2021 ◽  
Vol 263 ◽  
pp. 05048
Author(s):  
Maria Bovsunovskaya
Keyword(s):  
Construction Projects ◽  
Building Materials ◽  
Construction Project ◽  
Banking System ◽  
Cost Controlling ◽  
Controlling System ◽  
General Contractors ◽  
The Russian Federation ◽  
The Cost ◽  
Cost Of Construction

The study is devoted to substantiating the need to develop a cost controlling system in order to improve the efficiency of investors, developers, customers, general contractors, as well as representatives of the banking system who are directly involved in the implementation of investment and construction projects. The paper summarizes the innovations of the Ministry of Construction, Housing and Utilities of the Russian Federation in the field of determining the cost of construction at the stages of the life cycle of an investment and construction project, and suggests their adaptation to the activities of commercial customers. The factors of the rise in the cost of construction in the modern conditions of the investment and construction sphere are systematized, including topical issues of the rise in cost due to the increase in prices of building materials. The main risks arising from the implementation of the project associated with an increase in cost are highlighted. As the results of the study, stages of construction cost control with a description of their content and a system of cost controlling of an investment and construction project are proposed.

The Effect of Desert Environment on the Cost of Construction Projects (Materials Transportation)

2020 ◽  
Vol 897 ◽  
pp. 152-156
Author(s):  
Kadhim Raheim Erzaij ◽  
Rouwaida Hussein Ali
Keyword(s):  
Construction Projects ◽  
Construction Project ◽  
Construction Materials ◽  
Desert Environment ◽  
Transport Costs ◽  
Work Site ◽  
Project Costs ◽  
Desert Areas ◽  
The Cost ◽  
Cost Of Construction

Construction project costs are often related to the availability of construction materials and proximity to the work site. So this paper studied the effect of transportation of materials on the cost of construction projects in the desert and identified the increment percentages of materials cost in comparison with main cities and re-accounted the BOQ items prices in the desert cities. The results showed that the cost of some works may be doubled in the desert areas due to lack of construction materials and high transport costs.

scholarly journals Final Account Preparation in Construction Industry: Competencies and Challenges of Quantity Surveyors

2021 ◽  
Vol 6 (1) ◽  
pp. 35
Author(s):  
Nur Khairina Khairul Hisham ◽  
Mohd Khairul Fitri Othman
Keyword(s):  
Construction Industry ◽  
Construction Project ◽  
Project Finance ◽  
Extensive Literature ◽  
Court Cases ◽  
Contract Administration ◽  
Finance Control ◽  
Cost Of Construction ◽  
Construction Works ◽  
Construction Practice

Final account in a construction project is prepared to show the final cost of the project that has been completed by a contractor. Preparation of the final account involves reporting the final cost of construction works, and it is one of the services that must be provided by quantity surveyors. Quantity surveyors display their competencies in preparing a final account by producing the certificate without being disputed and in a timely manner. However, issues and problems usually occur when rolling the final account, often related to quantity surveyors’ competencies. This paper aims to study challenges faced and competencies displayed by quantity surveyors in relation to the final account preparation. An extensive literature review of previous research and content analysis of court cases reported in the Malayan Law Journal were conducted to identify challenges and competencies of quantity surveyors in preparing a final account. In addition, a questionnaire survey was conducted among quantity surveyors to elicit their agreement on the issues and required competencies during the final account preparation. Three categories of issues pertaining to the final account preparation were observed: contractor-related; management-related; and contractual-related issues. This research also revealed six categories of competencies required in a final account preparation: procurement; quantification and costing; project finance control; contract administration; construction practice; and teamwork. Correlation analysis conducted shows that management related issues are likely to occur due to low competencies displayed by quantity surveyors during the preparation of the final account. This research is expected to provide the knowledge related to the preparation of the final account by quantity surveyors, leading to a more satisfactory construction project deliverance.

Research on the Centralized Procurement Mode of Construction Projects Materials

2012 ◽  
Vol 193-194 ◽  
pp. 333-336
Author(s):  
Li Xin Li ◽  
Yi Bo Zhang ◽  
Hao Sun
Keyword(s):  
Construction Projects ◽  
Construction Project ◽  
Construction Cost ◽  
Construction Enterprise ◽  
Project Quality ◽  
Procurement Cost ◽  
Cost Of Materials ◽  
Cost Of Construction

Aim: To strengthen management cost of construction projects, reduce procurement cost of materials, guarantee materials quality and to promote the profitability of the project. Approach:Adopt scientific centralized procurement implemented by construction enterprise headquarter.Result: It not only reduces materials procurement cost, but also improves the quality of procurement, which, guarantee the project quality and promote the profitability of both the project and the enterprise that carries it out. Conclusion: The centralized procurement mode of construction project materials can effectively reduce construction cost and promote the profitability of both the project and the enterprise that carries it out.

ABOUT NECESSITY OF MATHEMATICAL MODELING OF THE BUSINESS PROCESS OF COST ESTIMATE CALCULATIONS IN THE CONSTRUCTION OF OIL AND GAS FACILITIES

2017 ◽  
pp. 139-145
Author(s):  
R. I. Hamidullin ◽  
L. B. Senkevich
Keyword(s):  
Mathematical Modeling ◽  
Quality Assessment ◽  
Business Process ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Construction Organizations ◽  
The Cost ◽  
Cost Of Construction

A study of the quality of the development of estimate documentation on the cost of construction at all stages of the implementation of large projects in the oil and gas industry is conducted. The main problems that arise in construction organizations are indicated. The analysis of the choice of the perfect methodology of mathematical modeling of the investigated business process for improving the activity of budget calculations, conducting quality assessment of estimates and criteria for automation of design estimates is performed.

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