Cost control practices in Indian construction companies | |
| Author | Raksheeth, Nalam |
| Call Number | AIT Thesis no.CM-19-24 |
| Subject(s) | Construction industry--India--Cost control Construction industry--Management--India |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Construction, Engineering and Infrastructure Management |
| Publisher | Asian Institute of Technology |
| Abstract | The most critical function that encourages construction companies to achieve the goal of profit maximization is cost control. Moreover, shortages from not having well established cost control system have caused failures to many Indian contractors. Firstly, this thesis aims to identify key functions related to cost control applicable in Indian context. Secondly, it aims to investigate and identify the consequences of existing practices under cost control system. Finally recommendations for improvement of current practice of cost control system in Indian construction companies have been proposed. Three case studies are investigated regarding existing practices. All the projects are nearly the same construction stage. The practices of each case are compared to one another by using case wise and cross case analysis in order to examine the strength and weakness of cost control factors in the company. Suggestions have been discussed and given for improvement of weakness in the cost control system. |
| Year | 2019 |
| 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) | Chotchai Charoenngam; |
| Examination Committee(s) | Hadikusumo, Bonaventura H.W.;Santoso, Djoen San; |
| Scholarship Donor(s) | AIT Fellowship; |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2019 |