Cost performance of construction projects in Accra Metropolitan Assembly
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Date
2015-04-16
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Abstract
The Accra Metropolitan Assembly (A.M.A) is one of the local authorities in Ghana, which by
statute has considerable responsibility towards providing the needed infrastructure in its area
of jurisdiction. This commission can only be achieved through good coordination among both
stakeholders that is the A.M.A and contractors who work in the metropolis. This research
aimed at assessing cost performance of construction projects in A.M.A by identifying the key
performance indicators used in measuring construction performance, identifying the causes of
cost overruns and making recommendations to control cost in the construction industry. A
literature review was deployed to generate a set of factors believed to affect project cost
performance, which included examining other peoples work (dissertations),using the website
etc. on the subject area. A total of fifty (50) structured questionnaires were distributed to
contractors working on A.M.A projects. Forty Five (45) questionnaires were received from
the respondents and the results were analyzed and presented using descriptive statistics and
the ranking theory method. The survey findings indicate that material price fluctuation,
differentiation of currency prices, high cost of machinery, inaccurate/poor estimation of
original cost and incessant variation/change order were the first five factors out of the
seventeen factors causing cost overruns in projects administered by A.M.A. Based on the
findings, the study recommends that: 1)there should be appropriate scope definition; 2)there
should be proper project costing and financing and finally; 3)contractors should use
competent personnel in managing their projects.
Description
A Dissertation submitted to the Department of Building Technology in
partial fulfillment of the requirements for the award of Master of Science
(MSc) in Construction Management