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Construction Project Cost Management

How Costs Are Formed and How They Can Be Influenced

A textbook and handbook on the management and control of construction project costs. The book covers the overall framework of cost management in construction projects: how costs are formed and influenced, what calculation methods can be used, and how costs are controlled during different project phases.

Factors affecting costs
Cost estimating methods and principles
Cost management during different project phases (design, preparation, production)
The roles of the client and contractor in cost control

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Learn About Construction Project Cost Management and Control

The license-based Construction Project Cost Management e-book is the digital counterpart of the printed book published in 2018. The e-book is not updated annually. It is available through a one-time payment, and the license remains valid as long as the license holder’s user account remains active.

This textbook and handbook introduces the management and control of construction project costs. It covers the overall framework of cost management in construction projects, including how costs are formed and influenced, what estimating methods can be used, and how costs are managed throughout the different phases of a project.

The book covers:

  • Factors affecting construction project costs
  • Cost estimating methods and underlying principles
  • Cost management during different project phases (design, preparation, and production)
  • The roles of the client and contractor in cost control

The e-book explains the process of cost estimation throughout the project life cycle—from design and construction all the way to post-project cost analysis. Professionals involved in construction projects must understand how costs are formed so that cost calculations can be fully utilized as a decision-making tool.

Construction project costs are determined and managed by balancing various project factors, such as scope, schedule, and quality. Effective cost management emphasizes the importance of shared objectives among all project stakeholders. Successful cost management means setting realistic, understandable, and achievable goals for the project as a whole, and then guiding the project collaboratively toward the agreed objectives.

The e-book is intended for construction industry professionals. It is also well suited as learning material for construction-related educational institutions.


Accessibility

  • Navigation through the table of contents
  • Navigation through the index
  • Unambiguous reading order
  • Comprehensive alternative descriptions
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Stay Up to Date with Digital Books

With digital books:

  • The content of purchased books remains continuously updated.
  • Information is easy to locate and search.
  • All published versions of the books remain available to you.
  • Books are always accessible on mobile devices and can be carried with you wherever you go.
  • With an organization license, all members of your organization gain access to the content.
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