Achieving cost performance from the client's, consultant's and contractor's perspectives

Abstract

Cost performance is a generic, yet one of the most commonly used indicators for measuring success acorss most projects. However, this measure varies significantly among stakehoders within projects. While the cost performnace is a widely published reseach topic, the driving and impdending factors behind the sources of cost overruns from client's, consultant's and contractor's viewpoints remains unexplored. Accurate understanding of these factors potentially improve the project manager's ability to integrate the upfront cost estimation with downstream cost performance in projects. Based on a thorough literature review and industry input, 73 client releted and 82 each contractor and consultant ..