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Factors influencing final account settlement in construction projects [electronic resource]

By: Contributor(s): Language: English Series: COBRA ; 2013Publication details: London RICS 2013ISBN:
  • 9781783210305
Subject(s): Summary: A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks into the main determining factors that influence the settlement of a final account within construction. A questionnaire survey was used to collect the perspective of experienced quantity surveyors? on the key factors influencing the settlement of a final account. Ranking and factor analysis were applied to determine the most significant factors in influencing the settlement of a final account. The results revealed that ?time? and ?variation? (i.e. change orders) were the most significant factors.

A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks into the main determining factors that influence the settlement of a final account within construction. A questionnaire survey was used to collect the perspective of experienced quantity surveyors? on the key factors influencing the settlement of a final account. Ranking and factor analysis were applied to determine the most significant factors in influencing the settlement of a final account. The results revealed that ?time? and ?variation? (i.e. change orders) were the most significant factors.

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