An Identification of Construction Project Overheads for Sustainable Cost Management and Controlling Practices (CMCPs)

Abstract:

Project overheads are allocated on a percentage basis to project costs and common to maintain multiple cost objects, but cannot directly be distributed to construction activities. Construction project overheads have to be identified their cost behaviours properly in order to sustain Cost Management and Controlling Practices (CMCPs) during the construction stage. The literature review method identified forty seven (47)project overheads and categorised into four hierarchies (unit, batch, project, and facility levels). Therefore, the identification of project overheads should enable a sustainable improvement to the CMCPs in construction projects.

• Periodical: Applied Mechanics and Materials (Volume 776)
• Pages: 121-126
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.776.121
• Online since: July 2015
• Authors: Nyoman Martha Jaya*, Ariany Frederika
• Keywords: Construction Project, Construction Stage, Cost Control, Cost Management, Project Overheads

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