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Target costing in construction: perceptions from Quantity Syrveyors

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dc.contributor.author MOTUBA, L
dc.contributor.author NOGQALA, N
dc.contributor.author MONYANE, TG
dc.contributor.author EMUZE, FA
dc.date.accessioned 2017-10-13T07:42:58Z
dc.date.available 2017-10-13T07:42:58Z
dc.date.issued 2016
dc.identifier.uri http://hdl.handle.net/11462/1237
dc.description Published Conference Proceedings en_US
dc.description.abstract The purpose of this research is to explore target costing (TC) principles in relation to its use and adoption, with the intention to reveal the potential for positive impact on project performance in South Africa. The field work used interviews about the principles of target costing to uncover the nuances of cost management practices in the construction contracting sector. Interviews were conducted among practising quantity surveyors (QSs) in Bloemfontein and Buffalo City of South Africa. The QSs opine that when TC is utilised, construction projects can be managed efficiently in terms of budget and expenditure and the design of the project with its related change orders can be minimised. However, the QSs also perceived that implementation of the principles TC could be difficult due to lack of extensive knowledge of its implementation. The study is relevant because the new knowledge will help to develop strategies for professional development and update the education curriculum to train the QSs for future challenges. en_US
dc.format.extent 153 438 bytes, 1 file
dc.format.mimetype Application/PDF
dc.language.iso en_US en_US
dc.publisher Department of Construction management & Quantity Surveying, University of Johannesburg, South Africa en_US
dc.subject Construction en_US
dc.subject Estimation en_US
dc.subject Performance en_US
dc.subject Project en_US
dc.title Target costing in construction: perceptions from Quantity Syrveyors en_US
dc.type Presentation en_US

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