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Factors that influence cost overruns in South African public sector mega-projects

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  • Molusiwa Stephan Ramabodu
  • Jacobus J.P. Verster

Abstract

The purpose of the study was to identify and analyse the main factors that influence the project cost and schedule overrun within the construction industry. A survey was conducted using questionnaires and personal interviews with selected professionals in the construction industry. The empirical analysis found the change in scope of work on site, incomplete design at the time of tender, contractual claims (extension of time with cost), lack of cost planning and monitoring of funds, and delays in costing variations and additional works as important. It is necessary to identify factors that may influence construction cost and schedule overruns at the start of the project in order to ensure a decrease in cost overruns and to improve the cost performance on megaprojects.

Suggested Citation

  • Molusiwa Stephan Ramabodu & Jacobus J.P. Verster, 2013. "Factors that influence cost overruns in South African public sector mega-projects," International Journal of Project Organisation and Management, Inderscience Enterprises Ltd, vol. 5(1/2), pages 48-56.
    • Handle: RePEc:ids:ijpoma:v:5:y:2013:i:1/2:p:48-56
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    Cited by:

    1. Yazan Issa Abu Aisheh, 2021. "Lessons Learned, Barriers, and Improvement Factors for Mega Building Construction Projects in Developing Countries: Review Study," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    2. Quoc Vu, Thong & Phu Pham, Cuong & Anh Nguyen, Thu & Thanh Nguyen, Phong & Thanh Phan, Phuong & Le Hoang Thuy To Nguyen, Quyen, 2020. "Factors Influencing Cost Overruns in Construction Projects of International Contractors in Vietnam," MPRA Paper 103435, University Library of Munich, Germany, revised 28 Jul 2020.

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