Critical Cost Factors of Building Construction Projects in Malaysia

The objective of this study is to determine the critical cost factors of building construction projects. Survey data are randomly collected from building contractors in the Klang Valley, Malaysia. Each respondent is asked to assign a one-to-five rating for each of the 79 cost factors identified from the literature review. Priority ranking of these factors shows that only 35 cost factors are regarded by the respondents working for the small, medium and large construction companies in the Klang Valley, Malaysia as highly relevant for building construction projects. ‘Client requirements on quality’ is found to be the most critical factor that influences the costs of building construction projects.