Construction Cost Impacts Related to Manpower, Material, and Equipment Factors in Contractor Firms Perspective

Publication Name : 3RD INTERNATIONAL CONFERENCE ON CONSTRUCTION AND BUILDING ENGINEERING (ICONBUILD 2017)

DOI : 10.1063/1.5011633

Date : 2017


Risk can be defined as consequences which possible happened inscrutably. Although an activity has planned as good as possible, but it keep contains uncertainty. Implementation of construction project was encountering various risk impacts from a number of risk factors. This study was intended to analyze the impacts of construction cost to for contractor firms as construction project executor related to the factors of manpower, material and equipment. The study was using data obtained from questionnaires distributed to 15 large qualification contractor firms. The period of study classified into conflict period (2000-2004), post tsunami disaster rehabilitation and reconstruction period (2005-2009), and post rehabilitation and reconstruction period (2010-present). The statistical analysis of severity index and variance used to analyze the data. The three risk factors reviewed generally affected the cost in a medium impact. The high impact occurred in minor variables, which are 'increase in material prices', 'theft of materials', and 'the fuel scarcity'. In overall, the three risk factors and the observed period contributed significant impact on construction costs.

Type
Book in series
ISSN
0094-243X
EISSN
Page
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