TY  - CONF
TI  - What Are the Big Issues in Cost Management?
C1  - Lima, Peru
C3  - 19th Annual Conference of the International Group for Lean Construction
PY  - 2011
AU  - Hanid, Mahanim
AU  - Siriwardena, Mohan
AU  - Koskela, Lauri
AD  - Phd Candidate, School of the Built Environment, University of Salford; UK. Phone +44 161 2953458; m.b.hanid@edu.salford.ac.uk
AD  - Lecturer, School of the Built Environment, University of Salford; UK. Phone +44 161 2957052; M.L.Siriwardena@salford.ac.uk
AD  - Professor, School of the Built Environment, University of Salford; UK. Phone +44 161 2956378; l.j.koskela@salford.ac.uk
ED  - Rooke, John
ED  - Dave, Bhargav
AB  - This paper presents the current big issues in cost management. It covers the theoretical aspects, the causes and effects, and possible countermeasures. This paper is a result of a literature review conducted during the initial stages of a doctoral research. In doing so, principles of lean production are considered as a basis for critical evaluation. Seven big issues have been identified as shortcomings in the current construction cost management approaches. Some of such issues identified are failure to forecast, failure to pinpoint improvement opportunities and poor support to inter-organizational cost management. Possible countermeasures are suggested to address the identified issues. This research is expected to contribute towards developing conceptual solutions for improving the cost management approaches.
KW  - Cost management
KW  - lean
KW  - value
KW  - waste
PB  - 
T2  - 19th Annual Conference of the International Group for Lean Construction
DA  - 2011/07/13
CY  - Lima, Peru
L1  - http://iglc.net/Papers/Details/1108/pdf
L2  - http://iglc.net/Papers/Details/1108
N1  - Export Date: 24 April 2024
DB  - IGLC.net
DP  - IGLC
LA  - English
ER  -