Dada, M O (2014) The influence of project team relationships on cost growth. Journal of Financial Management of Property and Construction, 19(1), pp. 76-94. ISSN 1366-4387
Abstract
Purpose: Using projects executed with both traditional and integrated procurement methods, the study sought to investigate relationships that exist among project participants and the influence of those relationships on cost growth. The paper aims to discuss these issues. Design/methodology/approach: Questionnaires were administered among 274 construction projects located in 12 states including the Federal Capital Territory of Nigeria. Responses were obtained from 96 projects. Data were subjected to both descriptive and inferential analyses. Findings: In terms of cordiality, relationships between client and contractors ranked highest, while those among in-house project teams ranked lowest. Cost growth or cost overrun is significantly correlated with client-contractor relationship, consultant-contractor relationship, client-consultant-contractor relationship and in-house team relationships. No association between procurement method and cost growth was found. Research limitations/implications: The limitation of generalizability of results due to the sampling method used is acknowledged. One implication of the findings is that in the context of this research, any explanation for cost growth has to be found outside procurement methods. Practical implications: Findings may assist project participants on variables to consider in anticipating, preventing or managing cost growth in building construction projects, beyond formularization of contracts and structures. Originality/value: The research has uniquely investigated the association between intangible project team relationships and tangible variable of cost growth.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction; cost growth; Nigeria; project team relationships |
| Index terms: | procurement method, cost overrun, Nigeria, sampling, project team, building construction, methodology, construction project, questionnaire |
| Subjects: | building construction, Geography, production management, research methods, contractual arrangements, financial and cost management, project delivery, data collection methods |
| Topics: | Construction Technology, Research Practice, Cost Management, Procurement, Geographical Context, Project Management |
| Descriptive scope: | 5 PCTEA |
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