Abstract:
The construction industry has complexity in its nature because it contains a large number of
parties such as clients, contractors, consultants, stakeholders, shareholders, and regulators. The
urban road projects have been experiencing poor performance in form of delays in completion,
high cost, and low quality. This paper sought to determine the relationship between project cost
management and the performance of urban road projects in Kenya. The study adopted
descriptive survey research, while the target population was 408 construction registered
professionals within Kenya urban roads authority projects. A sample size of 202 was used.
Primary data was collected through the administration of questionnaires. Findings revealed
that project cost management had a positive and statistically significant influence on the
performance of urban road projects in Kenya. The study concluded that project cost
management significantly contributes to the enhanced performance of urban road projects in
Kenya. The study recommended that construction firms’ management needs to strengthen
project cost management. In particular, the management should focus on enhancing the
following project cost management aspects: resource acquisition, cost estimation, cost
budgeting, and cost control.
Keywords: Project cost management, Performance, Urban road projects