Purpose – The purpose of this paper is to identify and assess the extent of occurrence and impact of risk factors responsible for the variation between the forecast and actual construction cash flow. Design/methodology/approach – The study was conducted through a structured questionnaire...

Purpose – This paper aims to investigate the overhead costs of construction contractors at the Gaza Strip, Palestine, specifically the level of contractors' awareness of the concept of overhead cost, their perception of main components of overhead cost, percentage of overhead to total project...

Purpose – The purpose of this study is to investigate the relationship between tender figures, consultants' figures and final construction costs of construction projects under competitive bidding in the Nigerian construction industry, as guided by the due process policy, a national public...

Purpose – Recent changes in corporate environment coupled with emerging challenges as a result of turbulent economy have exposed participants in the construction industry to more and more surprises in project management. As a result, the construction industry has witnessed significant changes...

Purpose – Plant and equipment theft (PET) is inherent throughout the construction sector. Its effect places direct financial burden on those who have invested in such assets, but additionally, induces “indirect” costs for many other stakeholders including project owners, plant hirers and...

Purpose – The purpose of this paper is to examine the use of bid information, including both price and non‐price factors in predicting the bidder's performance. Design/methodology/approach – The practice of the industry was first reviewed. Data on bid evaluation and performance records of...

Purpose – Several types of pricing and payment systems are used in the construction industry. However, the current practice is failing to utilise the potential of a link between project performance and clients' satisfaction on one hand and stakeholders' cash flow on the other. Therefore, a...

Purpose – The purpose of the paper is to report the investigation results of current practices of strategic asset allocation process, which consists of capital budget planning, monitoring, and control of Hong Kong building contractors. The changes of the said practices are compared with the...

Purpose – This paper aims to highlight the availability and use of software systems in the Irish construction professional cost consultancy process. Also to gather the views from practising quantity surveying professionals as to how available systems could assist total cost management of green...

Purpose – The purpose of this paper is to identify how much particular variables influence the cost differences between order values and final accounts for certain trade subcontractors. Design/methodology/approach – The methodology consists of a literature survey and a case study. A sample...