Approach to the comprehensive economic management of building works by production processes: Elaboration of the COP model for building cost control
DOI:
https://doi.org/10.3989/ic.16.121Keywords:
Cost control, comprehensive economic management, processes, planning, building works, construction economicsAbstract
The deep economic crisis recently undergone in Spain has highlighted the vulnerability of the Construction Industry and the necessity of the development of new tools to increase its efficiency. Focusing on the economic dimension of building works, a pressing and growing problem is the significant deviation identified among estimates and real building costs. In order to solve this failure, a model for building cost control based on production processes is proposed, the COP model. This model extrapolates the approach of the model for estimating building construction costs by processes, the POP model, to the phase of monitoring and economic control of building construction works. Therefore, the combined implementation of both models, POP and COP, provides an efficient and comprehensive economic management of building works by accurately adjusting to their planning and development and facilitating the effective identification of deviations and adoption of corrective measures to settle the mistakes detected.
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