Factors affecting cost and time performance on highway construction projects: Evidence from Thailand

Abstract

This study investigates the cost and time performance of highway projects from the viewpoint of the public owner. It differs from previous studies which focused on the contractor’s perspective on project performance. A total of 13 success factors were identified from literature and the opinions of experienced engineers. Data was collected from 99 projects handled by the Department of Highways (DOH) in Thailand Discriminant analysis was used in this study to build the cost and time predictive models, which were generated from samples of cases, which had already been grouped and known as successful and unsuccessful projects. The models were then applied to new cases with measurements for the predictor variables, to predict that the projects were either successful or unsuccessful. The results show that success in cost performance depends on the management of construction resources, budget management, construction method, and communication. By contrast, schedule management and human resource management inhibit cost performance. Success in time performance depends on choice of construction method, management of construction resources, schedule management, supervision and control, and communication. Quality management, budget management, human resource management, owner involvement, and team relationships impede time performance

Citation

Meeampol, S. and Ogunlan, S.O. (2006), "Factors affecting cost and time performance on highway construction projects: Evidence from Thailand", Journal of Financial Management of Property and Construction, Vol. 11 No. 1, pp. 3-20. https://doi.org/10.1108/13664380680001076