ECONOMICAL DEVIATIONS DURING TECHNICAL PROJECTS
PARDALIS ATHANASIOS
Abstract
We understood that technical works are guided by cost and cost is the factor that determines the projects that shall proceed. A project budget does not guarantee its completion. Cost should be monitored during the project construction, to make sure a financially successful project is achieved. Very often in technical projects we see cost deviations in relation to the budget. In this research, we tried showcasing the factors that can influence the construction cost, leading to deviations. For a thorough approach of economical deviations in technical projects, we performed research using a standard questionnaire, since the use of a questionnaire is indicated for the collection of such data. Our research provided us with data on the economical deviations of technical projects and allowed us to focus on the main deviations, draw conclusions and plan for future work.
Key words
deviation, cost control, technical project, budget.
JEL Codes: F38, F65
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