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Cost management practices of construction companies in Nepal | |
Author | Maharjan, Tarif |
Call Number | AIT Caps. Proj. no.CIE-15-03 |
Subject(s) | Construction industry--Cost control--Nepal Construction industry--Nepal--Cost effectiveness |
Note | A capstone project report submitted in partial fulfillment of the requirement for the degree of Bachelor of Science in Engineering Civil and Infrastructure Engineering, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Series Statement | Caps. Proj. ; no. CIE-15-03 |
Abstract | In order to ensure maximization of profit, cost management is a very important aspect that must be explored. Cost management is a key aspect for project control and must be one the top requirement for a company. However, cost management in construction companies in Nepal are lacking resulting in adverse financial effect on both the firm and the owner of the project. For a developing country like Nepal it is important that development work is carried out smoothly. Therefore it is important to conduct a study on the cost management practice prevalent in Nepali contractors. The objectives of this study are, firstly to investigate the existing cost management practice in construction companies in Nepal. Second objective is to identify the fey factors affecting cost management in each stage and finally, to propose recommendation for improvement for cost management. The data was collected through interview of four different contractor operating in Nepal and there target group for the interview were project managers, site engineers and site secretaries. The findings from the interview were discussed and recommendation for improvement has been proposed. |
Year | 2015 |
Corresponding Series Added Entry | Asian Institute of Technology. Caps. Proj. ; no. CIE-15-03 |
Type | Capstone Project |
School | School of Engineering and Technology (SET) |
Department | Department of Civil and Infrastucture Engineering (DCIE) |
Academic Program/FoS | Civil and Infrastructure Engineering (CIE) |
Chairperson(s) | Chotchai Charoenngam; |
Examination Committee(s) | Santoso, Djoen San; |
Degree | Capstone Project (B.Sc.)-Asian Institute of Technology, 2015 |