Factors affecting cost overrun of infrastructure projects in Ho Chi Minh City

Abstract

This article identifies the factors as well as examines the impact of these factors on cost overrun in infrastructure construction projects in Ho Chi Minh City. Data was collected from 184 officials, civil servants, engineers who are participating in the construction. Using the method of testing the reliability of scale (Cronbach’s Alpha), exploratory factors analysis, and multivariate regression analysis, the results show that six factors that are causing cost overrun in an increasing order include: (1) Policies; (2) Natural and social condition; (3) Economic situations; (4) Advisory’s capability; (5) Contractors’ capability; (6) Project leadership skills and experience. In addition, the study found no difference in the estimation cost overrun in the projects of people with different experiences and involved in various types of projects.

Keywords

• dự án
• hạ tầng kỹ thuật
• thành phố hồ chí minh
• vượt dự toán