Unearthing Causative Factors of Cost Overrun on Ghanaian Road Projects

O. Akinradewo, C. Aigbavboa, Ayodeji Emmanuel Oke, H. Coffie, B. Ogunbayo
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Abstract

When determining the success of a road project, cost is one of the most important variables to consider. This is because cost is the project’s backbone and driving force throughout the construction process. As a result, to assess the cost performance of a road project, the actual cost is compared to the planned cost. This research aims at uncovering the causal variables that contribute to cost overruns on road projects using Accra, Ghana as a case study. Relevant literature was thoroughly reviewed to extract identified factors. This study adopted a quantitative research approach, using a questionnaire developed to collect data from the target audience. The questionnaire survey was conducted using civil engineers and quantity surveyors working in the Ghanaian construction sector. The data that were retrieved were analysed using descriptive statistics and exploratory factor analysis. According to the findings, the main reasons driving cost overruns on road projects include consultant/ contractor-related, environment-related, economy-related, risk/uncertainty-related, technical-related, owner/client-related, and other project-related factors. It was determined that cost overruns in construction projects occurred because of a lack of professionalism on the part of the stakeholders engaged in the construction process from start to finish. Future research may therefore be conducted utilising all of Ghana’s regions to obtain a broad view of the research.
加纳公路工程造价超支的成因分析
在决定一个道路项目的成功与否时,成本是需要考虑的最重要的变量之一。这是因为在整个建设过程中,成本是项目的支柱和动力。因此,为了评估一个道路项目的成本绩效,将实际成本与计划成本进行比较。本研究旨在揭示因果变量,有助于成本超支的道路项目使用阿克拉,加纳作为一个案例研究。我们对相关文献进行了全面的回顾,以提取出确定的因素。本研究采用定量研究方法,采用问卷调查的方式收集目标受众的数据。问卷调查是由在加纳建筑业工作的土木工程师和工料测量师进行的。使用描述性统计和探索性因子分析对检索到的数据进行分析。根据调查结果,导致道路项目成本超支的主要原因包括与顾问/承包商有关、与环境有关、与经济有关、与风险/不确定性有关、与技术有关、与业主/客户有关,以及与其他与项目有关的因素。据确定,建设项目成本超支的发生是由于从头到尾参与建设过程的利益相关者缺乏专业精神。因此,未来的研究可能会利用加纳的所有地区进行,以获得研究的广泛观点。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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