TABLE OF CONTENTS

INDEX                                   TITLE                                                                        PAGE

Cover Page                  -                       -                       -                       -                       i

Title Page                    -                       -                       -                       -                       ii

Declaration                  -                       -                       -                       -                       iii

Certification                -                       -                       -                       -                       iv

Dedication                  -                       -                       -                       -                       v

Acknowledgement      -                       -                       -                       -                       vi

Table of Contents       -                       -                       -                       -                       vii

Lists of Tables             -                       -                       -                       -                       ix

Abstract                      -                       -                       -                       -                       ix

CHAPTER ONE: INTRODUCTION

1.1       Background of the Study       -                       -                       -                       1

1.2       Statement of Research Problem                      -                       -                       3

1.3       Aims and Objectives               -                       -                       -                       4

1.4       Research Questions                 -                       -                       -                       4

1.5       Hypothesis of the Study         -                       -                       -                       5

1.6       Significance of Study             -                       -                       -                       6

1.7       Scope of the Study                 -                       -                       -                       6

1.8       Structure/Plan of the study     -           -           -           -           -           -           6

CHAPTER TWO: LITERATURE REVIEW

2.1       Basic Concepts                       -                       -                       -                       8

2.1.1    Construction Project Characteristics   -           -           -           -                       8

2.1.2    Contract Sum -           -           -           -           -           -           -           -           10

2.1.3    Final Account Sum     -           -           -           -           -           -           -           11

2.1.4    Cost Budgeting           -           -           -           -           -           -           -           11

2.2       Conceptual Framework of the Study -           -           -           -           -           11

2.3       Determination of contract sum           -           -           -           -           -           12

2.3.1    Cost Estimating          -           -           -           -           -           -           -           13

2.3.2    Tendering and Contractor’s Selection            -           -           -           -           13

2.3.3 Contract Administration            -           -           -           -           -           -           -           16

2.4       Causes of Variability between Contract (Causes of Cost Overrun)   -           16

2.6       Project Characteristics Influencing Project Delivery  -           -           -           22

CHAPTER THREE: RESEARCH METHODOLOGY

3.0       Preamble                                 -                       -                       -                       23       

3.1       Research Design                     -                       -                       -                       23

3.2       Area of Study                         -                       -                       -                       23       

3.3       Population                               -                       -                       -                       24

3.4       Sampling size and sampling technique           -                       -                       24

3.5       Data Collection Method         -                       -                       -                       25

3.6       Method of Data Analysis       -                       -                       -                       27

CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND DISCUSSION

4.1       Preamble                                 -                       -                       -                       27

4.2       Distribution of Questionnaires and Interview Responses      -                       27

4.3       Respondents Profile                -                       -                       -                       27

4.4       Project and Firms Characteristics       -           -                       -                       29

4.5       Causes of Cost Differential between Contract Sum and Final Account        29

4.6       Impact of Project Characteristics on Cost Differentials         -           -           32

4.7       Hypothesis Testing                                         -           -           -           -           33

4.8 Comparison of Impact of Project Characteristics on Cost Differential    -           35

4.9       Discussion of Results  -           -           -           -           -           -           -           36

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION

5.1       Preamble                                 -                       -                       -                       38

5.2       Summary of Findings                         -                       -                       -                       38

5.3       Conclusion                              -                       -                       -                       39

5.4       Recommendation                    -                       -                       -                       40

            References

LIST OF TABLES

Table 4.1: Questionnaire Administration        -           -           -           -           -           -           27

Table 4.2: Respondents Characteristics          -           -           -           -           -           -           28

Table 4.3: Project and Firms’ Characteristics             -           -           -           -           -           29

Table 4.4: Causes of Cost Differential between Contract Sum and Final Account               31

Table 4.5: Project Characteristics Influencing Cost Differentials      -           -                       32

Table 4.6: Impact of Projects Characteristics on Cost Differential    -           -                       33

Table 4.7: Comparison of Mean Rating in Three States         -           -           -           -           35

Table 4.8: Analysis of Variance Test  -           -           -           -           -           -                       36