: In the construction projects, cost and time are the main aspects to be considered in the planning of every project. It is a
difficult task used by project managers in practice, which include evaluation of plans, corrective actions and constantly
measuring progress should be taken whenever required. Cost optimization is an important issue in construction project
management. It is mostly used by contractors and needs to carry out throughout the life of a construction project. The
availability of qualified expertise is the main problem faced by contractor in optimizing the costs on site. The duration of the
project and ever changing environment are the least problem faced by contractor in optimizing the costs on site.