AN INVESTIGATION OF THE EFFECT OF INVENTORY COSTING SYSTEM ON CONSTRUCTION PROJECT COST
Abstract
Abstracts
This study were on an investigation of the effect of inventory costing system on
construction project cost. The following objectives and research questions were
used in this study as shown in chapter one. The population of this study was 110
comprises of quantity surveyors, engineers, architects and others designations that
were not specified, no samples size used, because the population is manageable.
The instruments used in administering and collection of data was a structured
questionnaire which was administered and collected by the researcher to the 110
respondents in the selected construction industries in Ebonyi State. The study
recommends that, one method of inventory costing system should be used in an
industry, this will help in a better forecasting, monitoring, and tracking of
materials, securing and managing of wastage of materials in an industry.
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