The construction industry is an essential sector in every country as it is heavilyinterconnected with the economy as a whole. It affects, and is affected by the GrossDomestic Product of a nation.It is a known fact that the Nigerian construction industry continues to occupy animportant position in the nation’s economy even though it contributes less than themanufacturing or other service industries, (Aibinu and Jagboro,2002). The contributionof the construction industry to national economic growth necessitates improvedefficiency in the industry by means of cost effectiveness and timeliness, and wouldcertainly contribute to cost savings for the country as a whole. It is also commonknowledge that the implementation of the construction project in the industry is usuallyaccompanied with time delay and cost increase as well as owner dissatisfaction ,(Hafez,2001).

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