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YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE
INFORMATION BELOW.THANK YOU!
INFORMATION:
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GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000
ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE
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INFLUENCE OF
ESTIMATING PRACTICE ON COST PERFORMANCE OF BUILDING PROJECTS
ABSTRACT
This study
determined the influence of estimating practice on cost performance of building
projects. The objectives were to identify the estimating practices used by cost
consultants, appraise the critical factors influencing estimating practice
used, and to determine the influence of estimating practice on cost
performance. The study involved survey design administered to engineers,
builders and quantity surveyors in Akwa Ibom state, Nigeria. Data analysis
involved descriptive statistics and Spearman Ranked correlation test. The
findings of the study revealed the critical factors influencing estimating
practice as complexity of design and construction, scale and scope of
construction, method of construction and construction technique, tender period
and market condition, and site constraints (access and storage limitation. The
test of hypothesis indicated non-relatedness of estimating practice with cost
deviation. There is therefore no significant correlation between estimating
practices and the performance building works estimate for all category of
buildings studied. The implication is that, estimating practice (method)
adopted in budget estimation cannot influence the cost performance of building
projects.
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