Factors affecting construction costs in Saudi Arabia

Type Thesis

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Summary

This thesis discusses the main factors that affect construction cost in Saudi Arabia. A survey of 52 contractors, 19 consultants and 13 owners from the Eastern Province was performed. The survey included 42 different factors affecting construction cost and their degree of importance. The severity of those factors measured by the level of importance and ranked according to the severity index for contractors, consultants, owners and a combination of all respondents. A hypothesis that "Contractors, consultants and owners generally agree on the ranking of severity indices" was tested by several statistical methods and proved to be true. It was concluded that material cost, incorrect planning, previous experience of the contract, contract management and poor financial control on site are the most severe factors. Finally recommendations were made by the researcher in order to improve and reduce construction cost.