The construction industry builds infrastructure and strengthens the global economy, but it struggles with cost overruns. This systematic study used scientometrics and Social Network Analysis to examine the multifaceted factors causing construction project cost escalations. After reviewing 405 scholarly works, the research mapped and analyzed 66 interconnected cost overrun factors in 69 high-impact studies between 2000 and 2024. To uncover the patterns, the study used two main research methods. First, this study applied a scientometric analysis that reviewed trends and gaps from the previous studies. Second, this study used Social Network Analysis (SNA) to examine how different factors were connected and which factors had the strongest influence on cost overruns. The methodology comprised a systematic literature search, document selection, scientometric analysis, factor standardization, and an SNA application. Seven critical drivers with high network centrality were identified: planning and scheduling issues, project estimation inaccuracies, design inefficiencies, negative weather conditions, scope definition challenges, contractual ambiguities, and unforeseeable site conditions. By applying the SNA degree centrality (DC), the analysis quantified the significance of each factor within the network. With the use of this dual analysis, a novel mapping of the main causes of cost overruns was produced, leading to the discovery of seven core factors that significantly affected project outcomes, including planning and scheduling issues, project estimation problems, and design inefficiencies. The findings advance the knowledge of the dynamics of cost overruns and offer practical insights for enhancing cost management practices in the construction industry.
Mega-facility management has long been inefficient due to manual, reactive approaches. Current facility management systems face challenges such as fragmented data integration, limited predictive systems, use of traditional methods, and lack of knowledge of new technologies, such as Building Information Modeling and Artificial Intelligence. This study examines the transformative integration of Artificial Intelligence and Digital Twin technologies into Building Information Modeling (BIM) frameworks using IoT sensors for real-time data collection and predictive analytics. Unlike previous research, this study uses case studies and simulation models for dynamic data integration and scenario-based analyses. Key findings show a significant reduction in maintenance costs (25%) and energy consumption (20%), as well as increased asset utilization and operational efficiency. With an F1-score of more than 90%, the system shows excellent predictive accuracy for equipment failures and energy forecasting. Practical applications in hospitals and airports demonstrate the developed ability of the platform to integrate the Internet of Things and Building Information Modeling technologies, shifting facilities management from being reactive to proactive. This paper presents a demo platform that integrates BIM with Digital Twins to improve the predictive maintenance of HVAC systems, equipment, security systems, etc., by recording data from different assets, which helps streamline asset management, enhance energy efficiency, and support decision-making for the buildings’ critical systems.
7 March 2016 in Journal of Property Investment & Finance
Purpose: – The purpose of this paper is to identify the main determinants of foreign direct real estate investments (foreign direct investment (FDI)) in selected Middle Eastern and North African (MENA) countries. Design/methodology/approach: – The empirical work of this study is an econometric analysis of FDI in the commercial real estate sector for eight MENA markets, namely Algeria, Egypt, Morocco, Qatar, Saudi Arabia, Turkey, Tunisia and the UAE during the period 2003-2009. The econometric analysis is carried out using the pooled Tobit model technique for panel data. Findings: – The paper finds that both country-specific factors and real estate sector-specific variables consistently support hypotheses explaining commercial real estate-related FDI, and find evidence that political stability explains why some selected MENA countries attract more real estate investments than other MENA countries. Practical implications: – The findings should be seriously considered in any policy making effort on the part of governments in the region. Originality/value: – The authors contribute to the existing literature in many ways. First, the study aims to develop econometric models, using both conventional and unique variables, to be generalised and applied to any developed or emerging market. The study applies relevant techniques in estimating the models, including the pooled Tobit model. Second, the research studies eight selected MENA real estate markets from 2003 to 2009, a timeframe and geography not examined in previous published empirical work on commercial real estate investments. Lastly, and for the first time in real estate literature, the study applies the location dimension of Dunning’s OLI paradigm as a theoretical explanation for the behaviour of foreign investors in commercial real estate towards the selected MENA markets.
This study delves into the dynamics of ‘Variations’ and ‘Claims’ in construction projects. This study aims to identify, categorize, and devise mitigation strategies for critical types of variations and claims that are aligned with the contract’s FIDIC conditions. The research draws on input from construction industry professionals, including contract administrators and project managers, and focuses on the MENA region. The region’s extensive adoption of FIDIC standards and the rapidly growing construction sector drive this choice. Data collection encompassed a questionnaire distributed to 80 industry experts, predominantly through interviews focused on countries such as Saudi Arabia, the UAE, Kuwait, and Egypt. Utilizing SPSS-V.25 for statistical analysis, this study uncovers the most prevalent and impactful causes of variations and claims, highlighting the critical need for managerial intervention. A key feature is the integration of scientometric analysis into a quantitative finding. Implementing a k-means clustering analysis is a significant addition to the methodology. The survey had high internal consistency with a Cronbach’s alpha of 0.97, and the respondents reported frequent and significant claims such as delayed drawings, ambiguous documents, and client changes. The results showed that effective claims management requires clear communication and balanced contracts, while poor design and contract documentation cause variations and claims. The correlation analysis showed strong positive correlations between claim types and causes. To reduce claims and address these factors, most respondents said the survey could predict and reduce claims.
The construction industry builds infrastructure and strengthens the global economy, but it struggles with cost overruns. This systematic study uses scientometrics and Social Network Analysis to examine the multifaceted factors causing construction project cost escalations. After reviewing 405 scholarly works, the research maps and analyzes 66 interconnected cost overrun factors in 69 high-impact studies between 200 and 2024. To uncover the patterns, the study used two main research methods. First, this study applied a scientometric analysis that reviews trends and gaps from the previous studies. Second, this study used Social Network Analysis (SNA) to examine how different factors are connected and which factors have the strongest influence on cost overruns. The methodology comprises a systematic literature search, document selection, scientometric analysis, factor standardization, and SNA application. Seven critical drivers with high network centrality were identified: planning and scheduling issues, project estimation inaccuracies, design inefficiencies, negative weather conditions, scope definition challenges, contractual ambiguities, and unforeseeable site conditions. By applying SNA Degree Centrality (DC) the analysis quantifies the significance of each factor within the network. With the use of this dual analysis, a novel mapping of the main causes of cost overrun was produced, leading to the discovery of 7 core factors that significantly affected project outcomes, including planning and scheduling issues, project estimation problems, and design inefficiencies. The findings advanced the knowledge of the dynamics of cost overrun and offered practical insights for enhancing cost management practices in the construction industry.
19 November 2023 in Journal of Engineering Research
Purpose: Amidst the global upheaval, Kuwait's construction industry confronts unique challenges, serving as a microcosm for pandemic-induced disruptions examined in this study. This research offers a pivotal analysis of COVID-19's disruptive impact on Kuwait's construction projects, enriched with comparative global insights to bolster industry adaptability and recovery strategies. Design/methodology/approach A mixed-method approach involving a systematic literature review and 17 semi-structured in-depth interviews with construction experts, including contractors and suppliers from construction industry in Kuwait. Findings: The findings showed that during the COVID-19 pandemic, construction projects faced numerous challenges, including government-imposed lockdowns, increased safety measures, and a fear of infection among workers, leading to delays and increased overhead costs. Post-pandemic recovery strategies highlighted in the interviews include strict adherence to health guidelines, visa extensions for laborers, additional hiring, and embracing digital transformation to enhance productivity. However, the high costs of technology and a need for more skilled personnel have hindered digital adoption in the construction industry. Practical implications Practical implications for moving forward emphasize government financial support and incentives to aid the construction sector's recovery and advancement in the post-pandemic economy. Government institutions and stakeholders developed and executed a number of approaches and measures to successfully address the effects of the COVID-19 epidemic on the Kuwaiti construction sector. Originality/value: This paper contributes to a paucity in evidence on the impact of pre and post COVID-19 pandemic in the context of the Kuwaiti construction sector. The study used a mixed method research using systematic literature review and qualitative study. This is the first study that qualitatively investigate the effect of the pandemic on construction projects in Kuwait.