Cost Control the Bhutanese Construction Projects

Abstract

The paper provides the determination on factors affecting the cost overrun in the Bhutanese construction industry and identification of cost control techniques and recommendations. Questionnaires were distributed to 200 contractors, and the results were analyzed using the statistical tools. It was found that the three main factors were affecting the cost overrun in construction: frequent design change, delay in material procurement and changes in material specification and type. Site meetings, record keepings and work programmes comprised the main cost control techniques used by the contractors. The contractors frequently used the overall profit and loss method to control the cost overrun.