A Study of Delays and Cost Overruns in Construction Projects
Başlık:
A Study of Delays and Cost Overruns in Construction Projects
Yazar:
Ibekwe, Chibuikem Francis, author.
ISBN:
9780438075450
Yazar Ek Girişi:
Fiziksel Tanımlama:
1 electronic resource (43 pages)
Genel Not:
Source: Masters Abstracts International, Volume: 57-06M(E).
Advisors: Ahmad Zargari Committee members: Nilesh N. Joshi; Sam Nataraj.
Özet:
In construction projects, changes are very common and likely to occur at any stage of the project. Construction project is a complex process, which requires close cooperation and coordination among the stakeholders. The process also consists of various stages, which ultimately make it more complicated and difficult to manage. Therefore, proper planning is necessary to enhance value generation, reduce dispute and improve the workflow. Even with a good plan, there are tendencies for design changes to creep in during various phases of a project. These changes can take place right from the drawing phase up until the construction phase. The later the changes are made, the more it affects the project. Such changes may occur due to the needs to satisfy the new or modified requirements specified by the stakeholder, to reduce project cost, or to rectify existing design mistakes. To make things worse many of the changes are made during the construction phase. These generate change orders, contractual disputes, cost overruns, time delays, compromises on quality and poor management overall. This research has compiled data on various types of construction projects, and reviewed causes, effects, and control procedure for changes and management of change orders. A classification schema is presented to group different types of delays in well-defined categories, and the impact of these delays on the project costs is investigated. Furthermore, an in-depth case study of an ongoing construction project is performed.
The outcome of this review may help the engineers and contractors to improve productivity, to enhance the effective change management process and initiate further research in this field.
Notlar:
School code: 1368
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