Impact Of Pre Construction Project Planning On Cost Savings

Download or read book Impact of Pre-construction Project Planning on Cost Savings written by Hamzah Alshanbari and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The survey will ensure anonymity of the respondents since some information about profit and spending are often considered confidential. In addition, the survey will focus on percentages and ballpark figures of past projects to encourage more responses. The response rate for the survey was 6% and the data collected helped answer the objective questions. Using data from past projects to improve performance was determined to be the most used method. Moreover, many other methods were mentioned in the survey by the respondents who had a high return on investment and acted as a time saver. The optimum percentage to be spent on pre-construction planning was found to be about 12% of the total project cost. Understanding how pre-construction planning affects the project savings and duration can encourage many construction firms to adopt them and push the industry even further to achieve better results.