Cross-National Analysis of Construction Project Cost Overruns: Risk Factors, Contractual Governance, and Mitigation Strategies

Shubham Uttam Lande; Pratibha Chandekar

doi:10.53469/jpce.2025.07(05).02

Cross-National Analysis of Construction Project Cost Overruns: Risk Factors, Contractual Governance, and Mitigation Strategies

Authors

Shubham Uttam Lande Associate Professor (Principal Author), School of Property, Construction and Project Management, RMIT University, Australia
Pratibha Chandekar School of Property, Construction and Project Management, RMIT University, Australia

DOI:

https://doi.org/10.53469/jpce.2025.07(05).02

Keywords:

cost overrun, project management, risk assessment, infrastructure development, construction industry

Abstract

This research examines cost overruns in the construction industry by comparing Bahrain Strategic Road Master Plan (SRMP) with the construction sector of Australia and Malaysia. Key causes include inaccurate estimates, design changes, execution delays and economic fluctuations. The study highlights the role of risk management, stakeholder engagement, and advanced technologies such as Building Information Modeling (BIM) in mitigating cost overruns. Through a comprehensive analysis, the research provides insights into practices for improving cost estimation and project execution across the three regions, contributing to construction sustainability and economic growth.

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Published

2025-05-29

How to Cite

Lande, S. U., & Chandekar, P. (2025). Cross-National Analysis of Construction Project Cost Overruns: Risk Factors, Contractual Governance, and Mitigation Strategies. Journal of Progress in Civil Engineering, 7(5), 9–14. https://doi.org/10.53469/jpce.2025.07(05).02