Analyzing the Impact of Project Manager Strategies on Cost and Time Control in Construction Projects: A Comprehensive Study

In the construction industry, cost overruns have long been a major source of concern as they can impede the profitability and financial sustainability of projects. It happens when real expenses surpass preliminary budget projections, resulting in monetary difficulties, hold-ups, and disputes among stakeholders. For many organisations, the ability to develop Data Frameworks (IS) projects effectively has given them an upper hand. Considering the need for ventures to progressively address cost and time accomplishment inside a foreordained degree, this study presents the Expense and Time Task The executives Achievement (CTPMS), a crucial measure in this context. Cost overruns are a significant issue that many contractors deal with because they reduce their margin on a project and create numerous other issues for all parties concerned. Effective cost-control strategies would be necessary to address those issues. Understanding cost- control strategies and how they affect cost overruns is crucial. A survey consisting of questionnaires was administered to contractors rated C1 through C5. Percentage analysis and weighted score analysis were used to analyse the data by turning them into quantitative values. The findings show which cost-controlling techniques are commonly employed and how crucial they are for minimising cost overruns, which lower overhead and overbudget expenses while maintaining projected profits. Lastly, it is recommended that CIDA (ICTAD) run awareness and training campaigns, among otherthings, to urge contractorsto employ cost-controlling strategies. Additionally, it is recommended that certain ICTAD documents be required to be used.

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Publication Details

Journal
International Journal for Research in Applied Science and Engineering Technology
Published
2025-09-09
DOI
https://doi.org/10.22214/ijraset.2025.74091
Primary Topic
Construction Project Management and Performance
Type
article
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article

Analyzing the Impact of Project Manager Strategies on Cost and Time Control in Construction Projects: A Comprehensive Study

Abhishek Tripathi
International Journal for Research in Applied Science and Engineering Technology
Construction Project Management and Performance
article

Analyzing the Impact of Project Manager Strategies on Cost and Time Control in Construction Projects: A Comprehensive Study

Abhishek Tripathi
article en

Abstract

In the construction industry, cost overruns have long been a major source of concern as they can impede the profitability and financial sustainability of projects. It happens when real expenses surpass preliminary budget projections, resulting in monetary difficulties, hold-ups, and disputes among stakeholders. For many organisations, the ability to develop Data Frameworks (IS) projects effectively has given them an upper hand. Considering the need for ventures to progressively address cost and time accomplishment inside a foreordained degree, this study presents the Expense and Time Task The executives Achievement (CTPMS), a crucial measure in this context. Cost overruns are a significant issue that many contractors deal with because they reduce their margin on a project and create numerous other issues for all parties concerned. Effective cost-control strategies would be necessary to address those issues. Understanding cost- control strategies and how they affect cost overruns is crucial. A survey consisting of questionnaires was administered to contractors rated C1 through C5. Percentage analysis and weighted score analysis were used to analyse the data by turning them into quantitative values. The findings show which cost-controlling techniques are commonly employed and how crucial they are for minimising cost overruns, which lower overhead and overbudget expenses while maintaining projected profits. Lastly, it is recommended that CIDA (ICTAD) run awareness and training campaigns, among otherthings, to urge contractorsto employ cost-controlling strategies. Additionally, it is recommended that certain ICTAD documents be required to be used.

International Journal for Research in Applied Science and Engineering TechnologyVol. 13(9)
ITM University (IN)
Openalex Percentile: Top 71%
Construction Project Management and Performance
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