EFFICIENT UTILISATION OF CONSTRUCTION MATERIALS FOR EFFECTIVE COST RECOVERY. A CASE STUDY OF SEKONDITAKORADI METROPOLIS IN THE WESTERN REGION OF GHANA

ABSTRACT

The purpose of the study was to investigate the efficient utilization of construction materials for effective cost recovery, using the Sekondi-Takoradi Metropolis in the Western Region of Ghana as a case study. This study adopted the case study design. Quantitative and qualitative research approach was used for the study. The population for the study was four hundred and fifty (450). The population of the study was made up of Building contractors/directors, Project Managers and Site Supervisors involved in construction projects in the Sekondi-Takoradi Metropolis in the Western Region of Ghana. Stratified random sampling method was used to select a sample size of one hundred and fifty (150) respondents for the study. The main instrument that was used to collect information for the study was questionnaire, interview and observations. Primary data was collected through a field survey of Building contractors/directors, Project Managers and Site Supervisors in the Sekondi-Takoradi Metropolis. The questionnaire data was then coded to enable the respondents to be grouped into limited number of categories. The SPSS version 18 was used to analyse data. Data was presented in tabular form, graphical and narrative forms. In analysing the quantitative data, descriptive statistical tools such as frequencies, percentages were used. The result indicate that efficient utilization of construction materials have positive effect on cost recovery. It is hereby recommended that construction companies should make use of more than one material management technique on a construction project so as to achieve maximum project cost recovery. Keywords: Cost recovery, Construction materials, efficient utilization, management and Sekondi-Takoradi Metropolis.