Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects

Accurate cost estimation is important for the success of any project, particularly in complex industries like construction. However, many organizations fail to recognize the importance of good cost estimation performance. Previous research has identified various factors that impact cost estimation p...

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Main Authors: Mohammad Waffy, Fazil, Puteri Fadzline, Muhamad Tamyez, Lee, Chia Kuang
Format: Article
Language:English
English
Published: Taylor & Francis 2024
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/39514/
http://umpir.ump.edu.my/id/eprint/39514/1/Enhancing%20cost%20estimation%20performance%20through%20effective%20organizational%20control%20%20the%20moderating%20role%20of%20project%20complexity%20in%20construction%20projects.pdf
http://umpir.ump.edu.my/id/eprint/39514/2/Enhancing%20cost%20estimation%20performance%20through%20effective%20organizational%20control.pdf
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author Mohammad Waffy, Fazil
Puteri Fadzline, Muhamad Tamyez
Lee, Chia Kuang
author_facet Mohammad Waffy, Fazil
Puteri Fadzline, Muhamad Tamyez
Lee, Chia Kuang
author_sort Mohammad Waffy, Fazil
building UMP Institutional Repository
collection Online Access
description Accurate cost estimation is important for the success of any project, particularly in complex industries like construction. However, many organizations fail to recognize the importance of good cost estimation performance. Previous research has identified various factors that impact cost estimation performance, with most under organizational controls, including input, behaviour, and output controls. Despite this, the causal relationships between these controls and cost estimation performance have not been thoroughly explored, especially from the perspective of diverse project complexities. To address this gap, this paper aimed to evaluate the effect of organizational controls on cost estimation performance, including the moderating effect of project complexity. Data were collected from 152 respondents in Malaysian construction firms, and a Partial Least Squares Structural Equation Modelling (PLS-SEM) method was used for data analysis. This paper reveals that all organizational controls significantly influenced cost estimation performance dimensions, except for one relationship. Additionally, only three moderating effects were found to be significant. These results highlight the importance of effective organizational controls in achieving better cost estimation performance across various levels of project complexity. By implementing the right control modes, organizations can improve their cost estimation performance and enhance project success.
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spelling ump-395142024-12-09T23:52:43Z http://umpir.ump.edu.my/id/eprint/39514/ Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects Mohammad Waffy, Fazil Puteri Fadzline, Muhamad Tamyez Lee, Chia Kuang HD Industries. Land use. Labor HD28 Management. Industrial Management TH Building construction Accurate cost estimation is important for the success of any project, particularly in complex industries like construction. However, many organizations fail to recognize the importance of good cost estimation performance. Previous research has identified various factors that impact cost estimation performance, with most under organizational controls, including input, behaviour, and output controls. Despite this, the causal relationships between these controls and cost estimation performance have not been thoroughly explored, especially from the perspective of diverse project complexities. To address this gap, this paper aimed to evaluate the effect of organizational controls on cost estimation performance, including the moderating effect of project complexity. Data were collected from 152 respondents in Malaysian construction firms, and a Partial Least Squares Structural Equation Modelling (PLS-SEM) method was used for data analysis. This paper reveals that all organizational controls significantly influenced cost estimation performance dimensions, except for one relationship. Additionally, only three moderating effects were found to be significant. These results highlight the importance of effective organizational controls in achieving better cost estimation performance across various levels of project complexity. By implementing the right control modes, organizations can improve their cost estimation performance and enhance project success. Taylor & Francis 2024 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/39514/1/Enhancing%20cost%20estimation%20performance%20through%20effective%20organizational%20control%20%20the%20moderating%20role%20of%20project%20complexity%20in%20construction%20projects.pdf pdf en http://umpir.ump.edu.my/id/eprint/39514/2/Enhancing%20cost%20estimation%20performance%20through%20effective%20organizational%20control.pdf Mohammad Waffy, Fazil and Puteri Fadzline, Muhamad Tamyez and Lee, Chia Kuang (2024) Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects. International Journal Of Construction Management, 24 (15). pp. 1630-1642. ISSN 1562-3599 (Print) 2331-2327 (Online). (Published) https://doi.org/10.1080/15623599.2023.2286048 10.1080/15623599.2023.2286048
spellingShingle HD Industries. Land use. Labor
HD28 Management. Industrial Management
TH Building construction
Mohammad Waffy, Fazil
Puteri Fadzline, Muhamad Tamyez
Lee, Chia Kuang
Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects
title Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects
title_full Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects
title_fullStr Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects
title_full_unstemmed Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects
title_short Enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects
title_sort enhancing cost estimation performance through effective organizational control: the moderating role of project complexity in construction projects
topic HD Industries. Land use. Labor
HD28 Management. Industrial Management
TH Building construction
url http://umpir.ump.edu.my/id/eprint/39514/
http://umpir.ump.edu.my/id/eprint/39514/
http://umpir.ump.edu.my/id/eprint/39514/
http://umpir.ump.edu.my/id/eprint/39514/1/Enhancing%20cost%20estimation%20performance%20through%20effective%20organizational%20control%20%20the%20moderating%20role%20of%20project%20complexity%20in%20construction%20projects.pdf
http://umpir.ump.edu.my/id/eprint/39514/2/Enhancing%20cost%20estimation%20performance%20through%20effective%20organizational%20control.pdf