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@article{194801,
        author = {RAKIB ALI and Rahul Kumar and Deepak Aggarwal},
        title = {Analysis of Cost Control Techniques in Construction Projects},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {10},
        pages = {5456-5463},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=194801},
        abstract = {Construction projects frequently experience cost overruns due to poor planning, inefficient resource utilization, and inadequate financial monitoring. Cost control techniques help ensure that projects are completed within the planned budget while maintaining quality and time performance. This research paper analyzes major cost control techniques used in construction projects and explains modern approaches such as Earned Value Management (EVM), Building Information Modeling (BIM), Activity-Based Costing (ABC), Value Engineering (VE), and the integration of cost management software with Artificial Intelligence (AI).
The study explains how these techniques help project managers track expenses, forecast financial performance, and make better decisions. The paper also highlights the importance of statistical forecasting methods, risk integration strategies, and effective project management practices in maintaining financial stability in construction projects.},
        keywords = {Construction Management, Cost Control, Budgeting, Quantity Surveying, Billing Engineering, Material Management, Construction Economics. Earned Value Management.},
        month = {March},
        }