Impact of quality cost execution of construction projects in Colombia
Abstract
Rev.esc.adm.neg
The impact which generates the planning of quality management projects is estimated through basic measurement indicators to take decisions in organizations. It is so relevant to know if during the execution of any project decisions have been appropriately taken to avoid the inclusion of added values and possible undesirable results.
For this reason, this research paper is intended to analyze the impact of quality costs in the execution of construction projects in Colombia.
This correlational investigation with a quantitative focus studied an actual case involving 8 other construction projects which concluded that there was no evidence that quality costs could be recovered in any case, using the Montecarlo simulation methods and the analysis of added value, which clearly showed that costs had to be budgeted and included during different execution stages of projects.
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