Scientific Development Research

Construction projects frequently encounter cost overruns during implementation due to initial estimation inaccuracies, inadequate schedule coordination, imbalanced resource allocation, and external condition fluctuations, which ultimately compromise project quality and capital utilization efficiency. The root causes of cost deviations can be analyzed through three interconnected dimensions: management chain integration, real-time information transmission, and in-depth risk identification. Without dynamic monitoring of construction processes, material procurement, and workforce allocation, cost accumulation tends to spread covertly. To address these challenges, establishing clear cost accountability frameworks, enhancing process data tracking mechanisms, and improving risk early-warning precision can facilitate timely deviation detection and correction during project execution. This ensures resource deployment aligns with phased objectives, thereby elevating overall cost control effectiveness.

Engineering project; Cost overruns; Influencing factors; Cost control; Risk warning