An Evaluation of The Budgetary Reliability of Bills of Quantities In Building Procurement

Henry Odeyinka, Srinath Perera

    Research output: Chapter in Book/Report/Conference proceedingChapter

    11 Citations (Scopus)

    Abstract

    Bills of quantities have been documented to exist in some form or another as far back aswhen the Egyptian pyramids were being constructed. In spite of that age long history, thebills of quantities (BOQ) seems to be the most misinterpreted aspects of buildingdocumentation today. The pros and cons of the bills of quantities have been deliberatedon for many years and have generated strongly held and differing views. Whilst this isrecognised, the essence of this study is to evaluate the reliability of bills of quantities inbuilding project procurement. The study was carried out using secondary data from somerecently completed building projects within the Northern Ireland construction industry.Using secondary data from completed projects, the budgetary reliability of the bills ofquantities in building project procurement was investigated. Data analysis was carried outusing percentage deviation of final account figures from the bills of quantities. Furtheranalyses were carried out using root mean square deviation and relative mean absolutedeviation methods of analyses. Results showed that the budgetary reliability of the billsof quantities seems to vary depending on project types. Whilst a deviation of -3 to 4%was obtained on housing projects analysed, the deviation on educational projects wasbetween -4 and 17% whist on commercial project, it came out to be between -20 and 20%and in the case of refurbishment projects, a deviation of between -11 and 37% wasobtained. This seems to suggest that the more complex a project is, the less reliable it is touse the BOQ to guarantee cost certainty.
    LanguageEnglish
    Title of host publicationCOBRA 2009
    Place of PublicationLondon, United Kingdom
    Pages435-446
    Number of pages12
    Volume1
    Publication statusPublished - 11 Sep 2009
    EventRICS COBRA Research Conference - Cape Town, South Africa
    Duration: 11 Sep 2009 → …

    Conference

    ConferenceRICS COBRA Research Conference
    Period11/09/09 → …

    Fingerprint

    housing project
    evaluation
    project
    refurbishment
    construction industry
    history
    cost
    method
    data analysis

    Keywords

    • Bills of quantities
    • budget
    • building projects
    • reliability
    • traditional
    • procurement

    Cite this

    Odeyinka, H., & Perera, S. (2009). An Evaluation of The Budgetary Reliability of Bills of Quantities In Building Procurement. In COBRA 2009 (Vol. 1, pp. 435-446). London, United Kingdom.
    Odeyinka, Henry ; Perera, Srinath. / An Evaluation of The Budgetary Reliability of Bills of Quantities In Building Procurement. COBRA 2009. Vol. 1 London, United Kingdom, 2009. pp. 435-446
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    Odeyinka, H & Perera, S 2009, An Evaluation of The Budgetary Reliability of Bills of Quantities In Building Procurement. in COBRA 2009. vol. 1, London, United Kingdom, pp. 435-446, RICS COBRA Research Conference, 11/09/09.

    An Evaluation of The Budgetary Reliability of Bills of Quantities In Building Procurement. / Odeyinka, Henry; Perera, Srinath.

    COBRA 2009. Vol. 1 London, United Kingdom, 2009. p. 435-446.

    Research output: Chapter in Book/Report/Conference proceedingChapter

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    Odeyinka H, Perera S. An Evaluation of The Budgetary Reliability of Bills of Quantities In Building Procurement. In COBRA 2009. Vol. 1. London, United Kingdom. 2009. p. 435-446