Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction Projects

One of the most important problems of Iraqi construction projects is the cost variances, so it is important to identify the problems and shortcomings that cause poor cost control. Through the utilization of questionnaires, the study evaluated how project costs were managed and reported. The questio...

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Main Authors: Nagham N. Abbas, Abbas M. Burhan
Format: Article
Language:English
Published: University of Baghdad 2023-01-01
Series:Journal of Engineering
Subjects:
Online Access:https://joe.uobaghdad.edu.iq/index.php/main/article/view/1667
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author Nagham N. Abbas
Abbas M. Burhan
author_facet Nagham N. Abbas
Abbas M. Burhan
author_sort Nagham N. Abbas
collection DOAJ
description One of the most important problems of Iraqi construction projects is the cost variances, so it is important to identify the problems and shortcomings that cause poor cost control. Through the utilization of questionnaires, the study evaluated how project costs were managed and reported. The questionnaire was distributed to 180 professionals working in the Iraqi construction sector, with a response rate of 91%. The results showed that a high percentage of projects are implemented with a difference between real and estimated costs, and the process of documenting cost data needs to be more secure. On the other hand, there is a weakness in providing the necessary work structure information to monitor costs and a lack of processing of the required data regarding mechanisms and equipment and problems. It is related to the accuracy of the estimation and the management and documentation of labor wages. Most of the problems are the lack of appropriate systems to implement cost control appropriately.
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spelling doaj.art-0080c20667384cd19a338a0a91dc69892023-07-11T18:35:31ZengUniversity of BaghdadJournal of Engineering1726-40732520-33392023-01-0129110.31026/j.eng.2023.01.08Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction ProjectsNagham N. Abbas0Abbas M. Burhan1College of Engineering - University of BaghdadCollege of Engineering - University of Baghdad One of the most important problems of Iraqi construction projects is the cost variances, so it is important to identify the problems and shortcomings that cause poor cost control. Through the utilization of questionnaires, the study evaluated how project costs were managed and reported. The questionnaire was distributed to 180 professionals working in the Iraqi construction sector, with a response rate of 91%. The results showed that a high percentage of projects are implemented with a difference between real and estimated costs, and the process of documenting cost data needs to be more secure. On the other hand, there is a weakness in providing the necessary work structure information to monitor costs and a lack of processing of the required data regarding mechanisms and equipment and problems. It is related to the accuracy of the estimation and the management and documentation of labor wages. Most of the problems are the lack of appropriate systems to implement cost control appropriately. https://joe.uobaghdad.edu.iq/index.php/main/article/view/1667Cost Control, Construction Project, Evaluation.
spellingShingle Nagham N. Abbas
Abbas M. Burhan
Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction Projects
Journal of Engineering
Cost Control, Construction Project, Evaluation.
title Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction Projects
title_full Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction Projects
title_fullStr Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction Projects
title_full_unstemmed Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction Projects
title_short Evaluation of the Current Status of the Cost Control Processes in Iraqi Construction Projects
title_sort evaluation of the current status of the cost control processes in iraqi construction projects
topic Cost Control, Construction Project, Evaluation.
url https://joe.uobaghdad.edu.iq/index.php/main/article/view/1667
work_keys_str_mv AT naghamnabbas evaluationofthecurrentstatusofthecostcontrolprocessesiniraqiconstructionprojects
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