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Influential time and cost factors for commercial projects in the Malaysian construction industry

Sohu, Samiullah and Md. Kassim, Tahara Ramadzan and Khan, Omar Shahid and Bhatti, Sajjad Ahmed and Sohoo, Arslan Ahmed (2024) Influential time and cost factors for commercial projects in the Malaysian construction industry. Engineering, Technology & Applied Science Research, 14 (3). pp. 14170-14174. ISSN 2241-4487 E-ISSN 1792-8036

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Abstract

Time and cost play an important role in project completion for both developing and developed countries. This study aims to identify the critical factors that influence the time and cost of commercial projects in Malaysia. A detailed questionnaire survey was conducted with industry professionals, and the results were analyzed based on the survey responses. The average index method was used to determine critical factors based on responses from professionals. The critical factors that affect time are poor contract management, client fund shortages, late drawing submissions, land acquisition problems, and inadequate surveying before construction. The critical factors identified for cost are delayed client payments, shortage of skilled workers, design changes, errors in the construction process, and changes in top management. This study raises awareness by identifying critical factors to minimize their impact so that construction can be completed on time and according to the defined budget, and maximize the benefits of future projects.

Item Type: Article (Journal)
Uncontrolled Keywords: cost; experience; construction; critical factors, project; Malaysia
Subjects: T Technology > T Technology (General)
T Technology > TA Engineering (General). Civil engineering (General)
T Technology > TH Building construction
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Engineering > Department of Civil Engineering
Kulliyyah of Engineering
Depositing User: Tahara Ramadzan Md Kassim
Date Deposited: 24 Jul 2024 09:29
Last Modified: 24 Jul 2024 09:29
URI: http://irep.iium.edu.my/id/eprint/113309

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