There is a paucity of recent literature on the influence of project strategic, site related and design related variables on the cost of construction. This paper seeks to redress this omission by presenting the results of an investigation into the influence of 41 independent variables on both construction cost and client cost. Data were collected from 286 construction projects in the United Kingdom and correlation and test for differences were used to determine the relationships that exist between the dependent and independent variables. The analysis both confirms the strong relationship between construction cost and client cost and between those two measures of cost and GIFA, and establishes other relationships which exist within the data, confirming many of the relationships that had been anticipated from the literature. It also established the ordinal sequence of several nominal variables. These data, therefore, can be confidently used to develop models of the total cost of construction.
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1 December 2006
Research Article|
December 01 2006
Relationships between total construction cost and project strategic, site related and building definition variable
David J. Lowe;
David J. Lowe
Centre for Research in the Management of Projects, Manchester Business School, University of Manchester, Manchester,
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Margaret W Emsley;
Margaret W Emsley
Management of Projects Research Group, School of Mechanical, Aerospace and Civil Engineering, The University of Manchester, UK
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Anthony Harding
Anthony Harding
Halcrow Group Ltd, Hammersmith, London
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Publisher: Emerald Publishing
Online ISSN: 1759-8443
Print ISSN: 1366-4387
© Emerald Group Publishing Limited
2006
Journal of Financial Management of Property and Construction (2006) 11 (3): 165–180.
Citation
Lowe DJ, Emsley MW, Harding A (2006), "Relationships between total construction cost and project strategic, site related and building definition variable". Journal of Financial Management of Property and Construction, Vol. 11 No. 3 pp. 165–180, doi: https://doi.org/10.1108/13664380680001087
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