Author(s)

Shiyi Zhu¹*, Beverly Neff²

Affiliation(s)

¹ Shanxi Normal University, China;

² Southern University and A&M College, USA.

Corresponding Author

Shiyi Zhu

ABSTRACT

The impact of construction project budgeting on project cost is a complex and important issue. Analyzing construction project budget estimates. The definition and preparation method of the construction project budget estimate, and the influencing factors and mechanism of the construction project budget preparation on the project cost. Research indicates, The accuracy and comprehensiveness of construction project budgeting play a vital role in the control of project cost, and at the same time, there are many influencing factors. The diversity and interaction also have an important impact on the fluctuation of project cost.

KEYWORDS

Construction project budget estimate; Compilation method; Project cost; Influencing factors; Mechanism of action.

CITE THIS PAPER

Shiyi Zhu, Beverly Neff. The influence of construction project budget estimation on project cost. Academic Journal of Architecture and Civil Engineering. 2023, 1(1): 1-5.

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