estimate and cost plan may have to be formulated (Adejei et a.l, 2017). Variations in construction
contracts pose challenges to cost control techniques. Issues include changes in project scope, unclear
contractual terms, unforeseen conditions, inadequate risk assessment, change orders, discrepancies in
specifications, market fluctuations, disputes and negotiations, inefficient change management processes,
and communication challenges.
Delayed/ No payments for works don
Every contractor seeks to remain in business, a delay or lack of payment reduces the cash flow, and
capacity of the contractor to do more work, there by delaying the contract, increasing overhead costs,
wastage of materials and ultimately project abandonment (Adejei et a.l, 2017). Delay and late payment
for work done are significant challenges in the implementation of cost control techniques in construction.
These issues lead to disruptions in cash flow, increased project costs, strain on relationships between
stakeholders, difficulties in planning and budgeting, higher borrowing costs, contractual disputes, reduced
motivation and productivity, adverse impacts on small businesses, and challenges in meeting financial
obligations.
Unavailability of cost data
Cost data like prices of materials, labour cost, inflation index, present value of money, forex index, are
very vital to estimating cost forecasting, and valuations of works. A lack of these data means, arriving at
a realistic estimate and forecast will be hard or impossible. The unavailability ofcost data is a significant
challenge in implementing cost control techniques in construction. This problem includes issues such
as incomplete financial records, limited historical data for benchmarking, inaccurate cost estimates,
challenges in forecasting future costs, impaired decision-making, difficulty in identifying variances,
obstacles to performance evaluation, delayed decision-making, inefficiencies in cost tracking, and the
risk of misallocating resources.
Lack of keeping records of site performance
Record of works done, materials purchased, cash received and spent, equipment costs, overhead costs
are necessary for knowing the financial status of the project and the firm. The lack of keeping records of
site performance poses challenges in the implementation of cost control techniques in construction. Issues
include limited visibility into efficiency, inability to analyze trends and inefficiencies, challenges in
resource allocation, risk of overlooking cost drivers, ineffective benchmarking, limited basis for
decision-making, delayed issue identification, inefficient dispute resolution, and compromised
continuous improvement.
Unstable prices of construction materials
Construction materials have been noted to consume a considerable amount of a project costs, an
unforeseen change in the price of certain materials like cements, reinforcements, timbers and so on, have
a high effect on the total cost of the project, when prices change without been forecasted for, controlling
it becomes hard. The unstable prices of construction materials present a significant challenge during the
implementation of cost control techniques in construction. This issue leads to budget uncertainty, risks
of cost overruns, difficulties in cost estimation, impacts on profit margins, delayed decision-making,
complexities in supplier and contractor negotiations, challenges in risk management, difficulties in
procurement planning, potential supply chain disruptions, and adverse effects on subcontractors.
Lack of details in designs
Cost estimates and financial forecast are majorly made on the available designs, as the quantity
surveyor cannot measure for things not seen. A deficiency in details in design leaves the cost engineer in
the dark, thereby making cost control difficult to achieve. The lack of details in designs is a significant
problem in implementing cost control techniques in construction. This issue leads to inaccurate cost
estimation, scope ambiguity, difficulties in value
e
ng
i
n
ee
r
i
ng, unforeseen changes, challenges in
procurement, increased construction risks, delayed decision- making, disputes and change orders,
impaired cost control planning, and quality control challenges.
Late / No involvement of QS in the construction process
A quantity surveyor is the professional responsible for making cost estimates, forecasting and other cost
related documents, involving a QS in the project helps to identify the various cost implications. In simpler
words, the bulk of cost control lies on the professional shoulders of theQ.S. involving the professional
late or not involving him/her, is highly detrimental to any process of cost control. The late or absent
involvement of Quantity Surveyors (QS) in the construction process poses significant challenges for