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Article
Publication date: 10 May 2021

Adekunle Sabitu Oyegoke, Robert Powell, Saheed Ajayi, Godawatte Arachchige Gimhan Rathnagee Godawatte and Temidayo Akenroye

This paper aims to identify and analyse the factors affecting the selection of effective cost control techniques in the UK construction industry and assess their importance. The…

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Abstract

Purpose

This paper aims to identify and analyse the factors affecting the selection of effective cost control techniques in the UK construction industry and assess their importance. The study examines these key areas; the factors that have significant impacts on cost overruns, the most effective cost control techniques and the factors for selecting cost control techniques for a project.

Design/methodology/approach

The study relies on a mixed-method research approach; a qualitative exploration of the most effective cost control techniques and the factors affecting the selection of cost control techniques, followed by a questionnaire survey and follow-up interviews. Relative importance index (RII) is used for ranking the factors.

Findings

The budgeting technique is ranked first with-0.821RII, followed by cost forecasting-0.800RII and cashflow monitoring-00.733RII, as the most effective cost control techniques. On factors that influenced the choice of the techniques used, cost information/cost-related factors are ranked first with-0.611RII, followed by the size of the company-0.509RII and the effectiveness of the technique-0.572RII.

Research limitations/implications

Although the scope of the study was limited to the UK construction industry, the results could be interpreted for critical learning in other developed/developing countries.

Originality/value

Identifying and ranking the factors affecting the selection of effective cost control techniques in the UK construction industry has been the focal point of this study. The study also proposes a simple but effective model which can be used for critical learning on mitigating cost overruns and the effective use of cost control techniques in the construction industry.

Details

Journal of Financial Management of Property and Construction , vol. 27 no. 2
Type: Research Article
ISSN: 1366-4387

Keywords

Article
Publication date: 9 January 2024

Hayford Pittri, Godawatte Arachchige Gimhan Rathnagee Godawatte, Kofi Agyekum, Edward Ayebeng Botchway, Annabel Morkporkpor Ami Dompey, Samuel Oduro and Eric Asamoah

Despite endeavors to alleviate construction and demolition waste and the indications that the process of deconstruction has the potential to steer waste reduction initiatives…

Abstract

Purpose

Despite endeavors to alleviate construction and demolition waste and the indications that the process of deconstruction has the potential to steer waste reduction initiatives, there has not been a progressive increase in the adoption of Design for Deconstruction (DfD) in the global south, especially Ghana. This paper aims to identify and analyze the barriers to implementing DfD in developing countries.

Design/methodology/approach

A structured questionnaire survey was used to solicit the views of 240 design professionals in the Ghanaian construction industry (GCI). The questionnaire was developed by reviewing pertinent literature and complemented with a pilot review. Data were analyzed using descriptive and nonparametric statistics.

Findings

The findings revealed ten (10) significant impediments to implementing DfD within the construction industries in developing economies. These impediments revolve around cost, legal matters, storage, incentive and design-related matters. Key among these barriers is “For recovered materials, there are little performance guarantees,” “The absence of strict regulations regarding design for deconstruction,” “Lack of a large market enough for components that have been recovered,” “The need for building codes that address how to design with reused materials” and “Lack of effective design for deconstruction tools.”

Originality/value

The results of this research shed light on a relatively unexplored area within the construction sector, particularly in a developing country like Ghana. Furthermore, to the best of the authors’ knowledge, the study contributes fresh and supplementary knowledge and perspectives regarding the challenges in implementing DfD practices.

Details

Construction Innovation , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1471-4175

Keywords

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