Magnitude of Construction Cost and Schedule Overruns in Public Work Projects

Table 1

Factors influencing the percent change in contract cost for public work projects (Randolph et al., 1987) [3].

Independent variables	Contract cost change
	No. of projects	Correlation coefficient	Significance value
Name of the contractor	119	0.72	0.020*
Type of work performed	119	0.97	0.020*
Number of unit cost items in bid	119	0.97	0.026*

∗Significant at alpha level 0.05.