The implication of variation order in cost overruns in construction project

Nik Muhammad Ridzwan, Nik Ahmad Adam (2023) The implication of variation order in cost overruns in construction project. [Student Project] (Unpublished)

Abstract

The most common cause of cost overruns is in the construction sector. Cost overruns are a problem for business or construction financing in the construction sector. The purpose of this study is to concentrate on the appropriate methods for managing cost overruns in variant orders. The specified aim was addressed in the survey questionnaire design. Due to the damage that cost overruns due to the construction sector, it has had an impact on the contractor's finances. Additionally, research the effects of cost overruns on the building sector and discover methods to lower them. So, there are a few problems that can happen with construction work, especially with variation orders, which can lead to cost overruns for the contractor. The goal of this study is to find ways to reduce the chance of construction projects going over expense. But the goals of this research are to find out what the main reasons are for variation orders in construction projects, to find out what effect variation orders have on construction projects, and to suggest ways to reduce the risk of cost overruns in construction projects.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Nik Muhammad Ridzwan, Nik Ahmad Adam
UNSPECIFIED
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Abdullah, Mohd Nazri
UNSPECIFIED
Subjects: T Technology > TH Building construction > Estimates. Measurements. Quantities and cost
T Technology > TH Building construction > Management of the construction site. Superintendence of building construction
Divisions: Universiti Teknologi MARA, Perak > Seri Iskandar Campus > Faculty of Architecture, Planning and Surveying
Programme: Bachelor of Quantity Surveying (Hons)
Keywords: Variation order, Cost overrun, Construction project, Cost management, Project management, Built environment
Date: 2023
URI: https://ir.uitm.edu.my/id/eprint/129868
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