| dc.description.abstract | The survival of construction companies relies on winning project contracts, compliance with the contract conditions and terms signed with the owner, ensuring safety and quality, and practicing environmental protection, while the most important thing is generating necessary profits so that an enterprise can continue for sustainable growth and development as the basics of operation need. However, recent major environmental factors, such as inflation, labor shortages, international situations, and pandemic impacts, have significantly increased public construction project tender failures and resulted in increased disputes during ongoing projects. The main causes of such disputes are external and internal factors that interfere with the construction process, increasing risk and decreasing contractors′ profits.
Therefore, this study has analyzed and investigated the influencing factors, including the difference between the estimated profit and the actual implementation budget, design changes in the project, the differences between the budgets for the structure and the decoration’s subcontractor, and the actual implementation budgets, the COVID-19 pandemic, partial inspections, and section inspections, by using large-scale public construction projects as case studies. It aims to identify the common problems that decrease anticipated profits during the contract performance, and to discuss the approaches that can resolve the identified problems. This study’s outcomes will benefit the contractor that attempts to increase management capability. | en_US |