Construction Cost Control Practices in Developing Economies

This project gives step‑by‑step guidance for building proactive cost‑control systems for construction firms in developing economies. In these regions, projects often go over budget because markets are volatile, resources are scarce, and cost‑management methods are weak. By looking at the many factors that affect project spending, the study creates a practical approach to monitor and control costs throughout the project life cycle. The framework combines traditional quantity‑surveying principles with modern project‑management tools to meet the socio‑economic challenges of developing markets. Students learn how to spot the main cost drivers, set baseline budgets, and use Earned Value Management (EVM) to track variances. The work also reviews existing cost‑control models, pointing out

research gaps and practical limits in the literature. The final product is a detailed implementation roadmap that helps project managers and civil‑engineering students design, evaluate, and run strong cost‑containment strategies, improving profitability and project success.

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