Name: H.M.Faisal RazaSubject: Accounting and Financial Management Submitted To: Dr Raza Ali Khan

RISK FACTORS THAT AFFECT COST ESTIMATION IN THE CONSTRUCTION INDUSTRY OF PAKISTAN

Objective

Risks have a significant effect on the cost and performance of construction projects, aim of this research is to find out the important risks factors that associated with construction field producing prominent effects on the cost of construction industry, and ranked them according to the percentile occurrence and their effects on project, also their mitigation/contingency plans to minimize risk occurrence.

Methodology of Research

Above stated objective is obtain by applying quantitative analysis of surveyed data from different consulting as well construction firms, with the help of tabulated questionnaires and by previous available data and ranked them according to their severity. And identifying the method used by the firm for minimizing the outcomes caused be particular risks.