Forthcoming Articles

International Journal of the Built Environment and Asset Management

International Journal of the Built Environment and Asset Management (IJBEAM)

Forthcoming articles have been peer-reviewed and accepted for publication but are pending final changes, are not yet published and may not appear here in their final order of publication until they are assigned to issues. Therefore, the content conforms to our standards but the presentation (e.g. typesetting and proof-reading) is not necessarily up to the Inderscience standard. Additionally, titles, authors, abstracts and keywords may change before publication. Articles will not be published until the final proofs are validated by their authors.

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International Journal of the Built Environment and Asset Management (One paper in press)

Regular Issues

  • How well do contingencies perform amid economic pressures? Evidence from public infrastructure projects   Order a copy of this article
    by Richard Oduro Asamoah, Jefferson Adu-Poku Mensah, Philip Bannor, Safowaa Osei-Tutu, Kwadwo Twumasi-Ampofo, Cornelius Atsu Dafeamekpor 
    Abstract: Under volatile economic conditions, projects experienced cost overruns due to fluctuation. Contingencies act as a buffer; however, its effectiveness is associated with challenges. This study investigates how economic volatility influences the adequacy and utilisation of contingency sums in government-funded, fixed-price educational infrastructure projects. 213 completed GETFund projects were analysed to determine cost overruns, contingency behaviour and project delays. The study revealed a recurring mismatch between allocated contingencies and actuals. 60% of projects exceeded their reserves. ANOVA showed that almost all variables were strongly associated with actual economic changes than expected. Similarly, Cramér’s V demonstrated that inadequate buffered projects were likely to experience financial challenges. The use of deterministic methods in volatile conditions is not appropriate and recommends adaptive risk frameworks that incorporate real-time economic monitoring to strengthen financial resilience during project delivery. The findings will assist parties in project budgeting and implementation.
    Keywords: project performance; contingency sum; educational facilities; economic variables.
    DOI: 10.1504/IJBEAM.2026.10078775
     

 

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