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Risks Leading to Cost Overrun in Building Construction from Consultants’ Perspective

Ibrahim Mahamid ; Civil Engineering Department, Hail University, Hail, Saudi Arabia
Nabil Dmaidi

Puni tekst: engleski pdf 1.459 Kb

str. 860-873

preuzimanja: 8.993



This study aims at identifying the risk map for factors affecting
cost overrun in building construction projects in the
West Bank in Palestine from the consultants’ perspective.
The field survey included 26 consultants. 41 factors are identified
through literature review. The factors are divided into 5
groups. The analysis of the identified 41 factors indicates that 1
factor is located in the green zone, 14 factors are located in the
yellow zone, and 26 factors are located in the red zone of the
risk map. The results indicate that the top five affecting factors
are: political situation, fluctuation of prices of materials, economic
instability, currency exchange, and level of competitors.
It is hoped that these findings will guide efforts to enhance the
cost performance of construction industry.

Ključne riječi

Cost Overrun; Risk Map; Building Construction; Construction in Palestine

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