Cost Management for Building Contractors in Hong Kong

Author:   鄧惠權 ,  Wai-Kuen Raymond Tang
Publisher:   Open Dissertation Press
ISBN:  

9781361209349


Publication Date:   26 January 2017
Format:   Hardback
Availability:   Temporarily unavailable   Availability explained
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Cost Management for Building Contractors in Hong Kong


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This dissertation, Cost Management for Building Contractors in Hong Kong by 鄧惠權, Wai-kuen, Raymond, Tang, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract Cost management is a main stem of construction management and the most important tool sought by contractors to maintain profit. This research reviews the theory of construction cost management and investigates cost management in term of its extent of application, human resource input, IT application, its performance and satisfaction of the contractors in Hong Kong. The result shows a fair application of cost management techniques/systems and human resource input. However, specific IT application is rare and most importantly only 33% of the contractors are satisfied with the existing cost management techniques/systems. A detailed literature review identifies forty factors influencing the performance of cost management and those form the basis of an empirical survey, to investigate the significance of each factors. Data collected are analyzed by (i) Validity and Reliability Analysis, (ii) Frequency Distribution, (iii) Median and Mode Analysis, (iv) Relative Importance Index Techniques and (v) Kruskal-Wallis Test. The data are found valid and highly reliable. The results of statistical analysis agree with each others in general that the most five significant factors are (1) poor cost control of site management, (2) lack of experience of project types, (3) delay of work without EOT: deduction of LD, (4) inaccuracy material estimating, (5) frequency of construction variation & tight programme. Three cases studies are conducted for different scale of projects. The investigations are also consistent with the statistical analysis. Different perception results of the contractors from cases studies between small-scale project and large-scale project are similar to statistic results generated by Kruskal-Wallis Test between the sample groups. Small-scale project group considers relationships to be much more significant than large-scale group. It is trusted that this research will be found valuable to the contractors in Hong Kong. DOI: 10.5353/th_b3160121 Subjects: Construction industry - China - Hong Kong - Cost controlConstruction industry - China - Hong Kong - Management

Full Product Details

Author:   鄧惠權 ,  Wai-Kuen Raymond Tang
Publisher:   Open Dissertation Press
Imprint:   Open Dissertation Press
Dimensions:   Width: 21.60cm , Height: 1.30cm , Length: 27.90cm
Weight:   0.757kg
ISBN:  

9781361209349


ISBN 10:   1361209348
Publication Date:   26 January 2017
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.

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