| Abstract: | Construction activity requires major investment outlays in most developing countries, yet most construction projects in these countries are characterized by overruns in cost and time. In an attempt to identify the reasons for such overruns, an extensive survey was carried out in a typical developing country, Nigeria. An interim report is presented on the survey, suggesting that the major underlying problems are the lack of prompt payment by agencies to contractors and fluctuations in material, labour and plant costs. |
