NDLI: Examining Factors Affecting Budget Overrun of Construction Projects Undertaken through Management Procurement Method Using PLS-sem Approach☆

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Examining Factors Affecting Budget Overrun of Construction Projects Undertaken through Management Procurement Method Using PLS-sem Approach☆

Content Provider	Semantic Scholar
Author	Rahman, Ismail Abdul Memon, Aftab Hameed Karim, Ahmad Tarmizi Abd
Copyright Year	2013
Abstract	This study focused on examining the effect of various factors on budget overrun in construction projects undertaken with management procurement method in Malaysia. It adopted a quantitative method for data collection using structured questionnaire sumey amongst contractors, consultant and clients. A total of 118 samples were collected against 200 questionnaires that had been distributed nationwide. Gathered data was analyzed with an advanced multivariate method of structural equation modeling with PLS approach using SmartPLS software. The major finding shows all the constructs in model contribute significantly to budget overrun with R' value of 0.623. Also, the developed model has substantial explain power with GoF value of 0.62. This indicates that the model is able to be generalized in representing the budget overrun factors occurring in construction projects nationwide. By identifying these factors, it will help the construction community to take measures in improving the cost performance of the projects.
Starting Page	120
Ending Page	128
Page Count	9
File Format	PDF HTM / HTML
DOI	10.1016/j.sbspro.2013.12.407
Volume Number	107
Alternate Webpage(s)	http://eprints.uthm.edu.my/id/eprint/3703/1/ELPIIC_2013_1.pdf
Alternate Webpage(s)	https://doi.org/10.1016/j.sbspro.2013.12.407
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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