Cost of building is usually influenced by several factors; one of such is frequent changes in macroeconomic variables.The purpose\nof this study is to establish the need to conduct further research on the impact of changes in macroeconomic components on the\ncost of public educational buildings. The study adopted the qualitative research approach; purposive and snowballing techniques\nwere used in selecting respondents. Questionnaire survey was used to obtain primary data from respondents who were Quantity\nSurveyors and Estimators. The questionnaires were analyzed through descriptive analysis. Secondary data was obtained through\nliterature review. The study revealed that respondents were satisfied with cost management procedures and practices and mainly\nrelied on cash flow, progress reporting, and project cost controlmethods asmeans ofmonitoring andmanaging project cost. Relative\nimportant index, prime rate, interest rate, and inflation were some of the macroeconomic components that professionals considered\nhaving impact on cost. The respondents also recommended further studies on the impact of macroeconomic variability on cost of\npublic buildings.
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