Today, software applications make cost estimation and management easier than ever before, but the role played by a construction professional who undertakes financial control and performance of a project remains as crucial as ever. Digital Management of Construction Costs provides readers with a route to understand how technology is dynamically transforming the construction sector and informs them of digital-first practices that can lead to more accurate forecasting and budgeting during the planning process, benchmarking, and monitoring throughout the expected delivery timeline. Theoretical principles and methodological techniques are accompanied by applied investigations of cases where improved efficiencies brought about by the uptake of novel solutions have led to successful bids or project completion. Added value is also provided by findings of the literature review, a framework conceptualized within the context of digitalization, and a discussion on future directions and implications.
Written by experts in academia who aim to foster further subject matter research by compiling a useful reference resource, this book proves to be beneficial to both early-career practitioners and professionals in a more advanced stage of their career who wish to keep abreast of the most recent developments in their field.
Written by experts in academia who aim to foster further subject matter research by compiling a useful reference resource, this book proves to be beneficial to both early-career practitioners and professionals in a more advanced stage of their career who wish to keep abreast of the most recent developments in their field.
Table of Contents
1. General Introduction2. Understanding Construction Project Costs Management
3. Digital Construction Project Costs Management
4. Emerging Tools for Construction Project Costs Management
5. Digitalization and Cost Dynamics of Construction Projects
6. Cost Data
7. Digital Construction Project Costs Management Practical Steps
8. Digital Construction Project Costs Management An Industry 4.0 Framework
9. Conclusion
Authors
Clinton Aigbavboa Full Professor, Department of Construction Management and Quantity Surveying, Faculty of Engineering and the Built Environment, University of Johannesburg, Johannesburg, Gauteng, South Africa.Clinton Aigbavboa is a Professor of Sustainable Human Development and also the Director of the CIDB Centre of Excellence and Sustainable Human Settlement and Construction Research at the University of Johannesburg, South Africa. He holds a PhD in Engineering Management and, before his academic career began, he was a quantity surveyor for infrastructural projects in Nigeria and South Africa. He has published extensively in the areas of housing, construction, and engineering management, as well as research methodology for construction students. He is currently the Editor of the Journal of Construction Project Management and Innovation (accredited by the Department of Higher Education and Training of South Africa) and has received national and international recognition in his field of research.
Ernest Kissi Senior Lecturer at Dept. of Construction Technology and Management, College of Art and Built Environment, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana; Senior Research Associate at Dept. of Construction Management and Quantity Surveying, Faculty of Engineering & the Built Environment, University of Johannesburg, Johannesburg, Gauteng, South Africa. Ernest Kissi holds a Senior Lecturer position at the Dept. of Construction Technology and Management of Kwame Nkrumah University of Science and Technology, Ghana, and is also a Senior Research Associate at the Department of Construction Management & Quantity Surveying, University of Johannesburg, South Africa. While completing his post-doc fellowship at the University of Johannesburg, South Africa, he was a visiting scholar in Germany funded by DAAD. His research interests focus specifically on construction economics, project procurement and management, and technical education for sustainable development and social well-being. He is a member of the Ghana Institution of Surveyors (GhIS), Ghana Institution of Construction (GIOC), Institution of Incorporated Engineers (IIE), International Society for Development and Sustainability (MISDS), and an incorporated member of the Chartered Institute of Builders (ICIOB). He is also a practicing quantity surveyor who has been involved in a number of construction projects all over Ghana.
