Engineers seek stronger cost control, valuation to improve project delivery
The call was made at the 2026 National Technical Conference of the IACE, held in Abuja, with the theme: “Engineering Valuation, Cost Engineering and Engineering Economy Solutions in Emerging Economies.
By Obas Esiedesa Engineers under the Institute of Appraisers and Cost Engineers (IACE) have called for stronger application of engineering valuation, cost engineering and engineering economy principles to address cost overruns, waste and inefficiencies in project execution in Nigeria.
Ike Iwenofu, said the combination of engineering valuation, cost engineering and engineering economy provided a framework for improving efficiency, reducing waste and maintaining tighter control over project budgets and timelines.
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