1st Edition
Continuous Cost Improvement in Construction Theory and Practice
Continuous Cost Improvement in Construction: Theory and Practice aims to provide students and practitioners with an all-inclusive understanding of strategies for adopting continuous improvement in construction cost management. This book addresses continuous improvement practices from the perspective of cost management and applies case study examples to question the readers’ perspective of continuous cost improvement strategies in the project lifecycle. Continuous cost improvement practices in managing the cost of minor, major, and mega projects are all connected with decision-making tools for devising strategies for choosing the approaches for mitigating the effect of cost overruns in construction projects. Continuous cost improvement should be taught as part of modern methods and processes of construction in further and higher education institutions. This book will be key reading for all advanced undergraduate and postgraduate courses in Construction Project Management, Building and Quantity Surveying. Professionals in all aspects of the AEC industry will also gain greatly from engaging with the key concepts of continuous cost improvement throughout this book.
SECTION A- BACKGROUND 1. Continuous Improvement and the Construction Industry 2. Construction Cost Management Systems, Methods and Techniques 3. Construction Cost Management Methods 4. Construction Cost Management Techniques 5. Modern Methods of Cost Control SECTION B- STRATEGIES 6. Overhead Cost Reduction and Maintenance through Continuous Improvement 7. Global Construction Organisational Cultures and Continuous Improvement 8. Continuous Improvement and Cost Overrun in Construction Projects 9. Latent Continuous Cost Improvement Strategies in the Construction Industry SECTION C- CASES 10. Cases on Overhead Cost Reduction and Maintenance through Continuous Improvement 11. Cases on Continuous Cost Improvement Attributes for Monitoring Construction Projects - PART I 12. Cases on Continuous Cost Improvement Attributes in the Construction Industry - PART II 13. Cases on Openness to Continuous Cost Improvement in Construction Organisations 14. Cases on Continuous Cost Improvement in Procurement Strategies 15. Contractual Payment Arrangements and Continuous Improvement SECTION D- DECISION TOOLS 16. Decision Tools for Continuous Cost Improvement - Part I 17. Decision Tools for Continuous Cost Improvement - Part II
Biography
Temitope Omotayo is a Senior Lecturer in Quantity Surveying at Leeds Beckett University, UK. He holds a PhD in Construction Project Management from the University of Salford, UK after gaining an MSc in Quantity Surveying (Mechanical and Electrical) from the same University. Temitope is a fellow of the higher education academy (FHEA) and holds a postgraduate certificate in higher education (PGCAP). His research interests are continuous improvement in construction, the application of systems thinking for decision making in the built environment, sustainable construction, and smart cities.
Udayangani Kulatunga is a Professor in Building Economics, attached to the Department of Building Economics, University of Moratuwa in Sri Lanka. She is also the Director of the Centre for Disaster Risk Reduction at University of Moratuwa, Sri Lanka. Udayangani completed her undergraduate degree in Quantity Surveying (Hons) at University of Moratuwa, Sri Lanka and her PhD at University of Salford, UK in Performance Measurement in construction research and development. Udayangani has teaching experience both in the UK and in Sri Lanka. She is a fellow of the Higher Education Academy (FHEA), UK and holds a postgraduate certificate in higher education (PGCAP) as well.
Bankole Awuzie is an Associate Professor, Department of Built Environment, Faculty of Engineering, Built Environment and Information Technology at the Central University of Technology, Free State, South Africa. He holds a PhD in Built Environment (Construction Project Management) from the University of Salford and an MSc in Construction Project Management from the Robert Gordon University, Aberdeen, Scotland, both of which are in the UK. He is a rated researcher of the South African National Research Foundation (NRF). His research interests span the smart, sustainable, and circular construction knowledge domain.
"Construction costs are a never-ending subject of conversation between scholars and practitioners in the construction domain. This book offers definitive guide to the holistic dimensions of construction cost management for academics and postgraduate students. In particular, the insight into research strategies and decision-making tools adds value to existing knowledge-gap in this area." - Che Khairil Izam Che Ibrahim, Associate Professor, Faculty of Civil Engineering, Universiti Teknologi MARA, Malaysia.
