Effective methods of cost reduction in the pre-construction phase of mid-rised residential buildings : a case study in Hyderabad, India | |
| Author | Kumar, Bodla Nikhil |
| Call Number | AIT Thesis no.CM-16-15 |
| Subject(s) | Buildings--Cost control--India--Hyderabad Value analysis (Cost control)--India--Hyderabad |
| Note | A thesis submitted in partial fulfilment of the requirements for the degree of Master of Engineering in Construction Engineering and Infrastructure Management, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. CM-16-15 |
| Abstract | Benefits from efficiently constructed buildings are well known and a successful construction project is beneficial to all. If we are ready to face the challenges of low performance and higher cost arising from existing practices then we need to focus our efforts on delivering the value that is needed. By this we can attain a continuous improvement in the construction industry as a sustainable result. The improvement in the performance can only be measured in the construction phase while the improvement in the cost reduction can be measured from bidding to close-out phase. Hence, cost reduction in the construction is the advantage for improvement. To achieve the reduction in cost of the project, we need to make radical changes in the methods of project delivery. It is a challenge to the industry to commit itself to adopt the change in the cost reduction techniques as cost is the main criteria to start or finish any project. The cost reduction techniques help the industry to reduce the construction costs because “Cost cutting is no longer the solution to sustainable profits. Hence, the key to success is finding innovative and creative ways to prevent excessive cost.” It helps the owner’s / contractors not to go bankrupt. In this study, cost reduction techniques were mentioned along with framework |
| Year | 2016 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. CM-16-15 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (CM) |
| Chairperson(s) | Hadikusumo, Bonaventura H.W.; |
| Examination Committee(s) | Chotchai Charoenngam;Santoso, Djoen San; |
| Scholarship Donor(s) | Asian Institute of Technology Fellowship; |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2016 |