Causes of the deviations between projected and actual budgets: A bibliometric analysis
DOI:
https://doi.org/10.18041/2539-3669/gestionlibre.15.2023.10098Keywords:
Budget Deviation, Construction Project, Bibliometric AnalysisAbstract
Construction projects generates environmental, social and economic impacts, good planning allows less fluctuations in the expected results, helping the sustainability of organizations and generating lessons learned from previous experiences, the study aims to define the main causes of budget deviations, for which the systematic literature review methodology was used, applying the step-by-step approach outlined by Transfield Denyer & Smart (2003) and using the vantage point tool, resulting in a bibliometric analysis and the identification of factors such as errors in costing, frequent design changes, lack of experience of the contractor and delays in the user decision making as the main causes of budget deviations.
Downloads
References
Ai, J., Wang, T., & Collins, F. (2012). Enterprise Risk Management and Capital Budgeting under Dependent. Obtenido de: https://web.actuaries.ie/sites/default/files/erm-resources/Wang_Ai_Paper_01_31_12.pdf
Al Hazim, N., Salem, Z. A., & Ahmad, H. (2017). Delay and cost overrun in infrastructure projects in Jordan. Procedia Engineering, 182, 18–24. doi: 10.1016/j.proeng.2017.03.105
Alhomidan, A. (2013). Factors affecting cost overrun in road construction projects in Saudi Arabia. International Journal of Civil & Environmental Engineering, 13(3), 1–4. Obtenido de: https://citeseerx.ist.psu.edu/document?repid=rep1&type=pdf&doi=494c423ee2ce7d3f24ce0596ec4d03ebee14cf85
Aljohani, A., Ahiaga Dagbui, D., & Moore, D. (2017). Construction projects cost overrun: What does the literature tell us? International Journal of Innovation, Management and Technology, 8(2), 137. doi: 10.18178/ijimt.2017.8.2.717
Al Zarooni, S., & Abdou, A. (2000). Risk management in pre-design stage and its potential benefits for UAE public projects. Proceedings of the 28th World Congress on Housing Challenges for the 21st Century, 15, 19.
Arain, F. M., & Pheng, L. S. (2006). Developers’ views of potential causes of variation orders for institutional buildings in Singapore. Architectural Science Review, 49(1), 59–74. doi: 10.3763/asre.2006.4908
Awad, A. M. (2001). Analysis and management of change orders for combined sewer overflow construction projects (Wayne State University). Obtenido de: https://www.proquest.com/openview/69e9a87953407bee76db1127a3aa9408/1?pq-origsite=gscholar&cbl=18750&diss=y
Czemplik, A. (2014). Application of earned value method to progress control of construction projects. Procedia Engineering, 91, 424–428. doi: 10.1016/j.proeng.2014.12.087
Czemplik, A. (2017). Application of Earned Value Method for evaluation the Time/Cost Consequences of Variation Orders in a Construction Project. IOP Conference Series: Materials Science and Engineering, 245(7), 72028. doi: 10.1088/1757-899X/245/7/072028
Enshassi, A., Al-Najjar, J., & Kumaraswamy, M. (2009). Delays and cost overruns in the construction projects in the Gaza Strip. Journal of Financial Management of Property and Construction, 14(2), 126–151. doi: 10.1108/13664380910977592
Enshassi, A., Arain, F., & Al-Raee, S. (2010). Causes of variation orders in construction projects in the Gaza Strip. Journal of Civil Engineering and Management, 16(4), 540–551. doi: 10.3846/jcem.2010.60
Etemadi, S., Koosha, H., & Salari, M. (2018). A goal programming capital budgeting model under uncertainty in construction industry. Scientia Iranica, 25(2), 841–851. doi: 10.24200/SCI.2017.4436
Famakin, I. O., & Saka, N. (2011). Evaluation of the capital budget planning practice of contractors in the construction industry. Journal of Building Performance, 2(1). Obtenido de: http://pkukmweb.ukm.my/~jsb/jbp/index.html
Hillson, D. (2004). Earned value management and risk management: a practical synergy. PMI 2004 Global Congress Proceedings (1–7). Obtenido de: https://www.pmi.org/learning/library/earned-value-risk-management-competence-8296
Hsieh, T., Lu, S., & Wu, C. (2004). Statistical analysis of causes for change orders in metropolitan public works. International Journal of Project Management, 22(8), 679–686. doi: 10.1016/j.ijproman.2004.03.005
Issa, A., Bdair, R., & Abu Eisheh, S. (2022). Assessment of compliance to planned cost and time for implemented municipal roads projects in Palestine. Ain Shams Engineering Journal, 13(2), 101578. doi: 10.1016/j.asej.2021.09.005
Johnson, R. M., & Babu, R. I. I. (2020). Time and cost overruns in the UAE construction industry: a critical analysis. International Journal of Construction Management, 20(5), 402–411. doi: 10.1080/15623599.2018.1484864
Lamptey Puddicombe, A. D., & Emmanuel, A. T. (2018). Evaluation of risk of fluctuation claim on cost of construction projects in the south-south zone of Nigeria. Civil Engineering and Architecture, 6(5), 252–256. doi: 10.13189/cea.2018.060504
Lende Pranav, K., & Rathod Aradhana, D. (2018). Study of Factors Affecting Cost Overrun in Road Constrction Project. India: IJRESM, 8. Obtenido de: http://www.ijresm.com/Vol1Iss8August18/IJRESM_18_24.pdf
Olawale, Y. A., & Sun, M. (2010). Cost and time control of construction projects: inhibiting factors and mitigating measures in practice. Construction Management and Economics, 28(5), 509–526. doi: 10.1080/01446191003674519
Project Management Institute (PMI). (2017). La guía de los fundamentos para la dirección de proyectos (Guía del PMBOK) (6th ed.). Project Management Institute, Inc.
Sohu, S., Abdullah, A. H., Nagapan, S., Rind, T. A., & Jhatial, A. A. (2019). Controlling measures for cost overrun causes in highway projects of Sindh province. Engineering, Technology & Applied Science Research, 9(3), 4276–4280. doi: 10.48084/etasr.2749
Ssegawa, J. K., Mfolwe, K. M., Makuke, B., & Kutua, B. (2002). Construction variations: a scourge or a necessity. Proceedings of the First International Conference of CIB W107, (11–13). Obtenido de: https://pdfslide.net/documents/construction-variations-a-scourge-or-a-necessity.html?page=1
Tranfield, D., Denyer, D., & Smart, P. (2003). Towards a methodology for developing evidence-informed management knowledge by means of systematic review. British Journal of Management, 14(3), 207–222. doi: 10.1111/1467-8551.00375
Ullah, K., Nagapan, S., Sohu, S., Khan, M. S., & others. (2018). Measures to mitigate causative factors of budget overrun in Malaysian building projects. International Journal of Integrated Engineering, 10(9). doi: 10.30880/ijie.2018.10.09.032
Wu, C., Hsieh, T., & Cheng, W. (2005). Statistical analysis of causes for design change in highway construction on Taiwan. International Journal of Project Management, 23(7), 554–563. doi: 10.1016/j.ijproman.2004.07.010
Downloads
Published
Versions
- 2023-09-11 (4)
- 2023-08-10 (3)
- 2023-06-06 (2)
- 2023-03-29 (1)
