A Review Study to Extract the Reasons Leading to Cost Increase in Construction Projects

Success in building is meeting deadlines within budget and following contract criteria. Construction projects often face issues, with rising prices being the worst. Construction projects often experience cost inflation, which affects sustainability, continuity, productivity, and quality. Parties may also argue. This research study examines relevant literature to identify the main factors that cause construction project cost overruns. This extensive study comprises 96 investigations from 1997 to 2024. This detailed investigation found 45 factors that mostly raise construction project expenses. Methodically categorized aspects included stakeholder elements, technical factors, managerial factors, project resource factors, external factors, and political factors. Decision-makers, construction experts, and project stakeholders benefit from identifying and classifying these aspects. It gives them the tools to develop plans and use modern project management methods. It also helps create and implement cost management plans and monitors project activities throughout. These results allow stakeholders to adopt solutions that lower construction project expenses, assuring safe and effective project execution within budget.