Quantity Surveying- Conference Paper
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Browsing Quantity Surveying- Conference Paper by Author "Akinsiku, O.E."
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- ItemOpen AccessFactors influencing development of small construction companies in Abia and Akwa Ibom states, Nigeria(INTERNATIONAL COUNCIL FOR RESEARCH AND INNOVATION IN BUILDING AND CONSTRUCTION, 2014-01) Asuquo, C.F.; Ogbu, C.P; Akinsiku, O.E.The economic significance of small construction companies (SCCs) has been globally recognized, especially in developing economies. This study was carried out in Abia and Akwa Ibom States. Its objective was to identify and evaluate factors affecting the growth and development of SCCs in the research area. SCCs in Nigeria often experience stunted growth and show high mortality. Sixty Five (65) SCCs were randomly selected and administered with questionnaires. Data obtained were analyzed using descriptive statistics, and binary logistic regression. The study reveals that majority of CEOs of SCCs are first degree (n=31, 47.69%) and higher national diploma (n=24, 36.62%) holders. Key findings are that there are significant relationships between SCC growth and development and the entrepreneurial/managerial competence of the SCC leadership (p =0.007), financial problems (p= 0.028), work availability problems (p =0.027) and equipment problems (0.034). By implication, addressing these problems will lead to a virile SCC subsector in the Nigerian construction industry. On the bases of the key findings of this study, adequate entrepreneurship training of construction professionals is recommended to the government and other stakeholders in the affected states. It is also advocated that professional and educational institutions should work together to improve the construction management competence of SCCs.
- ItemOpen AccessA study of quantity surveyors’ role in the implementation of public private partnership(INTERNATIONAL COUNCIL FOR RESEARCH AND INNOVATION IN BUILDING AND CONSTRUCTION, 2014-01) Sanni, O.A; Hashim, M.; Akinsiku, O.E.The procurement of public projects using Public Private Partnership is aimed at achieving value for public money. It is a way of increasing the provision of public works and services without increasing government borrowing. However, quantity surveyors are professionals who specialize in construction cost management and assist clients in achieving value for their money. This paper reviewed the roles of quantity surveyors in the implementation of public projects under public private partnership in Nigeria with the aim of identifying the benefits of their active involvement in the procurement process. This is a report of preliminary study based on literature and interview of selected participants in the implementation of public private partnership projects in Nigeria. The findings showed that few quantity surveyors are involved in the planning and implementation of public projects under public private partnership arrangement. Since quantity surveyors are experts in the contract management, it is recommended that more quantity surveyors should be encouraged to participate actively in the procurement of public projects under public private partnership contracts.