| Author | Narumon Jongcharoensub |
| Call Number | AIT Thesis no.CM-07-11 |
| Subject(s) | Construction industry--Thailand--Costs
|
| Note | A thesis submitted in partial fulfillment of the requirement for the
degree of Master of Engineering in
Construction Engineering and Infrastructure Management. |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. CM-07-11 |
| Abstract | In order to maximize profit, cost control is an extremely important aspect because it is conducted to ensure that the project costs are monitored and kept with in the project's objectives and company's requirements. However, cost overruns are still becoming common problems in the construction industry nowadays. Cost overruns create financial risk to both general contractors and owners. Moreover, Japanese companies have much influence to construction industry in Thailand and many projects on hand are managed by Japanese companies. Therefore, it is important to have a study on cost management behavior. The purpose of this study was conducted to: 1) identify key factors affecting the cost management in each stage, warning, detection, analysis/ reporting, and corrective action., 2) investigate existing cost management practice in order to understand the behavior, reaction, and key parameters affecting different reaction between Japanese and Thai companies, and 3) To propose recommendation for improving of cost overruns management. The data was collected from interview surveys in large scale projects of 3 groups consisting of Japanese companies, large scale Thai companies, and medium scale Thai companies. There were 3 companies conducted in each groups. The target group of this research is project managers, project engineers, site engineers. The findings were already discussed in detail and recommendations for improvement of cost overrun management were propose in this study |
| Year | 2007 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ;no. CM-07-11 |
| 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) | Pichai Nimityongskul;Ogunlana, Stephen Olu; |
| Scholarship Donor(s) | THAILAND (HM King); |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2007 |