Factors Affecting Time and Cost Overrun in Construction Projects
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2017, Vol 5, Issue 6
Abstract
The Construction industry is one of the fast-growing industries in India and it contributes a lot on country’s economy. But the construction industry suffers from problems that affect time and cost. Successful completion of theö construction project is based on many factors among all time and cost is the most crucial factors. To manage these two things then the project would be successful. The factors that influencing time and cost overruns are identified from the literature and using these factors a questionnaire is prepared and it contains 42 factors which causing delay and cost overruns and these factors are distributed to engineers, contractors, and clients. The respondents were asked to rate the listed factors on the basis of occurrence and severity of the impact. Data received from the questionnaire was analyzed by using the statistical technique. The aim of this study is to identify the most critical factors responsible for the time and cost overrun of the construction project and suggest the remedial measures to the solution.
Authors and Affiliations
S. Uday Kiran
Keywords
Related Articles
- EP ID EP24498
- DOI -
- Views 337
- Downloads 10
slugMicrostrip Patch Antennas for Broadband Indoor Wireless Systems
The advantages of microstrip antennas have made them a perfect candidate for use in the wireless local area network (WLAN) applications. Though bound by certain disadvantages, microstrip patch antennas can be tailored s...
Review on Automation Tools in Software Testing
Testing is major component of any software engineering process meant to produce high quality applications. Software Testing can be conducted manually as well as automated. Manual Testing has many drawbacks such as consu...
Trust Management for Service Clouds
This paper proposes a service operator-aware trust theme (SOTS) for resource matchmaking across multiple clouds. Through analyzing the inherent relationship between the users, the broker, and also the service resources,...
Energy Renormalization on the Sierpinski Pentagon Using Electrical Transform
In this paper the energy renormalization factor (resistence of the network) on the fractal Sierpinski Pentagon (Pentagasket) is described by the electrical network interpretation. First the Pentagasket-D5 is obtained by...
SMART Evacuation System.
“Whoever saves one life, saves the world entire” - Oscar Schindler. Human life has always been the most sacred of resources and is protected with the utmost care. Even though there are hundreds of protocols defining pre...