Construction Cost Management - Learning from Case Studies

3

Construction Cost Management - Learning from Case Studies


In that book, I attempted to identify the key issues in the successful contractual and financial

management on major projects. It was based on my experience as a senior quantity surveyor, at

separate times employed by both contractor and client, on the Hong Kong Mass Transit Railway – 
at the time one of the largest construction projects in the world. In contrast to the norm at that 

time within the UK, the massive Hong Kong project – despite major difficulties – was completed 

on time and within budget. 

The lessons to be learned from this project were identified in the
case study in the last chapter of the book. It was clear from this experience that any project
could be completed on time and within budget providing the appropriate procurement systems,
planning and control methods, contracts and financial procedures were in place – crucially with
experienced, motivated people to implement them. 
Over a decade later, the world seems very different, yet the same fundamentals apply – 

clients wish to obtain their project within budget and within time and to the necessary quality.


The relentless growth of the World Wide Web (www) meant that all could now easily access
a vast array of important information. The problem for students, however, was in identifying
which information was significant and which was superfluous.
In this new text, I have attempted to embrace the recommendations of the key reports and
government bodies including the National Audit Office and the Office of Government 
Commerce. 
The book includes the tools and techniques required under the new 
partnering/alliancing philosophies as well as including chapters on valuing variations and claims 
based on the traditional procurement approach. Observations in the book are reinforced 

throughout with detailed analysis of over 60 project case studies with additional links to over 

100 case studies. Many of the project case studies are taken from the Building magazine or the
National Audit Office reports to whom the author is most grateful for permission to publish.
A chapter is included on the NEC ECC Contract, which has been the standard contract in the
civil engineering and infrastructure sectors for some time and is increasingly chosen by public
clients in the building sector. Its choice by the London 2012 Olympic Development Authority
reinforces its status. A chapter on the new FIDIC contract is included for those working on major 
projects outside the UK. Uniquely, the new textbook embraces both the building and civil
engineering sectors and should be of interest to both undergraduate and postgraduate students
as well as practitioners.

LINK

3 comments:

Engineering Management. Powered by Blogger.