Overrun causations under advance payment regimes

Aje, O I; Olatunji, O A and Olalusi, O A (2017) Overrun causations under advance payment regimes. Built Environment Project and Asset Management, 7(1), pp. 86-98. ISSN 2044-124X

Abstract

This paper illustrates the relationships between overrun causations when advance payments are issued to contractors revealing that cost overruns are higher in large projects than in small projects while schedule overruns are more in small projects than in large projects.

Item Type: Article
Uncontrolled Keywords: costs; construction; capabilities; business strategy; cash flow; capital projects
Index terms: schedule overrun, small project, business strategy, overrun, cash flow, capital project, cost overrun
Subjects: financial management, production management, business, financial and cost management, strategic project management, project controls
Topics: Cost Management, Project Management, Business Strategy, Time Control
Descriptive scope: 2 PC

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