Factors affecting cost overrun at construction projects in Somalia
The construction industry plays an influential role in the socio-economy of a country. In Somalia, the construction industry is one of the essential industries participating significantly in the growth of socio-economic development. Somalia is facing a significant issue of cost overrun in cons...
Saved in:
| Main Author: | |
|---|---|
| Format: | Thesis |
| Language: | English English English |
| Published: |
2019
|
| Subjects: | |
| Online Access: | http://eprints.uthm.edu.my/1178/1/24p%20YUSUF%20HUSSEIN%20OSMAN.pdf http://eprints.uthm.edu.my/1178/2/YUSUF%20HUSSEIN%20OSMAN%20COPYRIGHT%20DECLARATION.pdf http://eprints.uthm.edu.my/1178/3/YUSUF%20HUSSEIN%20OSMAN%20WATERMARK.pdf http://eprints.uthm.edu.my/1178/ |
| Tags: | Add Tag |
| Summary: | The construction industry plays an influential role in the socio-economy of a country. In
Somalia, the construction industry is one of the essential industries participating
significantly in the growth of socio-economic development. Somalia is facing a significant
issue of cost overrun in construction projects. The issue of cost overrun has become a
serious concern to investors, which needs serious attention and in-depth research to put
forward solutions to this issue. The objectives of this research are (1) To identify factors
causing cost overrun in construction projects, (2) To study a strategy to overcome cost
overrun in construction projects. The research was taking place in Somalia. And it is based
on quantitative research by using questionnaire to carry out the research. The
questionnaire was designed based on the objectives. A total of 51 questionnaires were
gathered from a total of 100 Grade A contractors in Somalia. The analysis of the data was
used by using SPSS software. The variables of this research were ranked based on their
mean; the study proves that the contractors are facing cost overrun problems specifically
the factors used in the questionnaire. Furthermore, majority of the respondents strongly
agreed to the strategies provided by the study to overcome cost overrun and keep the
construction projects within budget. This finding contributes to the contractor’s
development and could be referenced by contractors who want to increase their chance of
overcoming cost overruns in construction projects. |
|---|