Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria

Information and Communication Technology (ICT) provides enormous benefits to economic development. However, cost overruns are a worldwide phenomenon and pose a serious threat to the development of telecommunication infrastructure, which is the platform for ICT. It is imperative to examine the poss...

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Main Authors: Ameh, Oko John, Soyingbe, Aliu Adebayo, Odusami, Koleola Tunwase
Format: Article
Language:English
Published: Penerbit Universiti Sains Malaysia 2010
Subjects:
Online Access:http://eprints.usm.my/42195/1/JCDC_15%282%29_2010-ART_3_corrected_%2849-67%29_21.12.2010.pdf
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author Ameh, Oko John
Soyingbe, Aliu Adebayo
Odusami, Koleola Tunwase
author_facet Ameh, Oko John
Soyingbe, Aliu Adebayo
Odusami, Koleola Tunwase
author_sort Ameh, Oko John
collection USM
description Information and Communication Technology (ICT) provides enormous benefits to economic development. However, cost overruns are a worldwide phenomenon and pose a serious threat to the development of telecommunication infrastructure, which is the platform for ICT. It is imperative to examine the possible factors that could lead to cost overruns, in order to avert the associated catalytic effects on the development of other sectors of the economy. This study involves a questionnaire survey of 42 factors that were identified as having the potential to cause cost overruns in 53 telecommunication projects that are scattered over the six geopolitical zones in Nigeria. The results indicated that construction-related factors top the list of categories that cause cost overruns in telecommunication projects. The following factors were identified as major causes of cost overruns and are ranked in their order of importance: the lack of contractor experience on the telecommunication projects, the high cost of imported materials and the fluctuation in the prices of materials that are necessary for the telecommunication projects. The study recommends that contingency provisions should be put in place to mitigate these factors at the project conception stage.
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spelling usm.eprints-421952018-09-28T08:26:04Z http://eprints.usm.my/42195/ Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria Ameh, Oko John Soyingbe, Aliu Adebayo Odusami, Koleola Tunwase TH1-9745 Building construction Information and Communication Technology (ICT) provides enormous benefits to economic development. However, cost overruns are a worldwide phenomenon and pose a serious threat to the development of telecommunication infrastructure, which is the platform for ICT. It is imperative to examine the possible factors that could lead to cost overruns, in order to avert the associated catalytic effects on the development of other sectors of the economy. This study involves a questionnaire survey of 42 factors that were identified as having the potential to cause cost overruns in 53 telecommunication projects that are scattered over the six geopolitical zones in Nigeria. The results indicated that construction-related factors top the list of categories that cause cost overruns in telecommunication projects. The following factors were identified as major causes of cost overruns and are ranked in their order of importance: the lack of contractor experience on the telecommunication projects, the high cost of imported materials and the fluctuation in the prices of materials that are necessary for the telecommunication projects. The study recommends that contingency provisions should be put in place to mitigate these factors at the project conception stage. Penerbit Universiti Sains Malaysia 2010 Article PeerReviewed application/pdf en http://eprints.usm.my/42195/1/JCDC_15%282%29_2010-ART_3_corrected_%2849-67%29_21.12.2010.pdf Ameh, Oko John and Soyingbe, Aliu Adebayo and Odusami, Koleola Tunwase (2010) Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria. Journal of Construction in Developing Countries , 15 (1). pp. 49-67. ISSN 1823-6499 http://web.usm.my/jcdc/vol15_2_2010/JCDC%2015(2)%202010-ART%203_corrected_(49-67)_21.12.2010.pdf
spellingShingle TH1-9745 Building construction
Ameh, Oko John
Soyingbe, Aliu Adebayo
Odusami, Koleola Tunwase
Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria
title Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria
title_full Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria
title_fullStr Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria
title_full_unstemmed Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria
title_short Significant Factors Causing Cost Overruns In Telecommunication Projects In Nigeria
title_sort significant factors causing cost overruns in telecommunication projects in nigeria
topic TH1-9745 Building construction
url http://eprints.usm.my/42195/1/JCDC_15%282%29_2010-ART_3_corrected_%2849-67%29_21.12.2010.pdf
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