The current cost management framework overlooks several critical components, particularly building services (BS), leading to project delays, budget overruns, and compromised quality
By Kehinde Akinpelu, Ilorin
The need for a value-driven and technologically advanced approach to cost management in the construction industry took center stage at the University of Ilorin on Thursday, as Professor Ganiyu Amuda-Yusuf delivered the 281st Inaugural Lecture of the University of Ilorin.
Titled “Value Proposition for Enhancing Cost Management of Subservient and Neglected Elements in Building,” the lecture spotlighted often-overlooked components of building services (BS) and called for systemic reforms in theory, practice, and policy to enhance construction outcomes.
The inaugural held in line with the university’s tradition of promoting research-driven dialogue on national development, was attended by Vice-Chancellor Professor Wahab Egbewole, members of the university management, faculty, industry stakeholders, students, and invited guests.
Professor Amuda-Yusuf, a distinguished scholar in Quantity Surveying from the Faculty of Environmental Sciences, emphasized the urgent need to integrate Building Information Modelling (BIM), Value Engineering (VE), and sustainable construction practices into mainstream project management frameworks.
Tracing the evolution of Quantity Surveying from its roots in the post-Great Fire of London reconstruction to its modern-day relevance, he referenced milestones such as the development of the Edinburgh Mode of Measurement and the standards of the Royal Institution of Chartered Surveyors.
These, he said, reaffirm the profession’s important role in managing construction costs and delivering value for money.
“The current cost management framework overlooks several critical components, particularly building services (BS), leading to project delays, budget overruns, and compromised quality,” said Professor Amuda-Yusuf.
He called for the full adoption of BIM not merely as software, but as a comprehensive project collaboration tool that enhances coordination, transparency, and efficiency.
He further emphasized the need for localized measurement standards, environmentally conscious design practices, and robust risk management systems in building services.
“Building services, such as electrical systems, HVAC, plumbing, and fire safety, are vital to the functionality of any structure. Yet, they remain subservient in both design consideration and cost control,” he noted.
According to him, these elements are often underrepresented during project planning, resulting in inefficiencies, inflated costs, and increased operational risks.
“Our focus must shift from mere cost-cutting to value creation,” Professor Amuda-Yusuf added “.
He also advocated the establishment of a Construction Industry Development Board (CIDB) to regulate industry standards, enhance transparency, and promote professionalism across the sector.