Abstract:
The study examined the factors influencing the project cost for works in Ghanaian public
institutions from perspective of building contractors in Kumasi Metropolis. The study
was descriptive in nature and involved survey of opinion by means of questionnaires. The
target population of the study was registered contractors in Kumasi metropolis within the
Ashanti Region. The number of registered construction firms was 80 out of which 50
were sampled for the study. Random sampling technique was used to select the sample
size. All completed questionnaires were assembled and organised for processing. Data
was coded and analysed using Statistical Package for Social Sciences (SPSS version 21).
The study findings revealed that the most important factors that influence the project cost
in public institutions are: material (prices/availability/supply/quality/imports), project
complexity, currency exchange fluctuations, prevailing economy conditions, site
requirements, location of project, type of structure, labour cost and availability, client
method of payment and type of client. It is therefore recommended that clients and
consultants should give more consideration to cost estimating process in order to enhance
productivity and accuracy. Training, seminars, and workshops aimed at improving the
local practice in cost estimating and increases the capabilities of estimators in using
estimating software should be organized.
Description:
A Dissertation in the Department of CONSTRUCTION AND WOOD
TECHNOLOGY EDUCATION, Faculty of TECHNICAL EDUCATION,
Submitted to the School of Graduate Studies, University of Education, Winneba in
partial fulfilment of the requirements for the award of the Master of Technology
(Construction) degree.
AUGUST, 2016