Olatunde, N A and Alao, O O (2017) Quantitative appraisal of cost and time performance of construction projects in public and private universities in Osun State, Nigeria. Journal of Engineering, Design and Technology, 15(5), pp. 619-634.
Abstract
Purpose The purpose of this paper is to compare the cost and time performance of construction projects in public and private universities in Osun State, Nigeria. Design/methodology/approach Purposive sampling technique was adopted to select four universities (two public and two private) used for the study. Archival data on 40 completed construction projects (ten from each university) was used in the study. Data were analysed with percentile and t-test. Findings The study showed that only 35 per cent of the construction projects in public and 10 per cent of those in private universities were completed at the estimated cost. There were no construction projects completed within the planned time in public universities, but 20 per cent were completed within the planned time in private universities. The t-test showed there is no significant difference in performance of construction projects in public and private universities in Nigeria. The study concluded that time performance of public and private universities in Nigeria was still below acceptable international best practices. Research limitations/implications The findings of this study are limited to universities' construction projects and may be of little application to other construction projects outside university settings. Practical implications It is recommended that construction stakeholders be more proactive in ensuring that significant improvement is achieved in cost and time performance of construction projects both in public and private universities; the clients need to be more detailed in their briefs and requirements, the designers (architects and engineers) need to be more precise and avoid varying their designs, the quantity surveyors should use their professional competency in cost engineering adequately and the contractor should avoid spurious claims that result in increase in construction cost and time so that performance of construction projects can be improved. Originality/value The study is an attempt to compare cost and time performance of construction projects in public and private universities in Osun State, Nigeria.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Nigeria; private universities; cost performance; public universities; time performance |
| Index terms: | private university, methodology, time performance, construction project, appraisal, cost performance, quantity surveying, engineer, construction cost, designer, Nigeria, best practice, architect, purposive sampling, public university, cost engineering |
| Subjects: | profession, business, financial and cost management, factor and component analysis, research methods, economics, production management, Geography, project controls, educational institutions |
| Topics: | Time Control, Education, Cost Management, Business Strategy, Research Practice, Project Management, Geographical Context, Roles and Professions |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here