In this thesis,construction industries face with the major challenges are cost overruns and time delays, which have existed in most of projects, especially in developing countries. Construction projects and the enviro...In this thesis,construction industries face with the major challenges are cost overruns and time delays, which have existed in most of projects, especially in developing countries. Construction projects and the environment are increasingly complex, thus it has greater demands on project managers and cost managers that deliver processes on time. However the process of construction is limited to unforeseeable and variable factors, resulting from many sources. The aim of the report is to analyze determining factors about causing budget overrun and time delays by reviewing and identifying past cases. Furthermore, the construction process is made up of three critical phases, i.e. conception, design, construction. Generally, the majority of time delays and cost overrun happen in the period of construction, where many factors are always unforeseeable, and time delays usually associate with cost overruns. （Chan and Kumaraswamy, 1997）展开更多
Cost and time overrun are the key troubles of any improvement ventures. These troubles are inflicting the terrible end result in the development of kingdom monetary improvement and thriving. To overcome these problems...Cost and time overrun are the key troubles of any improvement ventures. These troubles are inflicting the terrible end result in the development of kingdom monetary improvement and thriving. To overcome these problems, the?paper examines predominant impact on elements causing the mission postponement and cost. A poll review was led for the situation study embracing various information-gathering procedures. The discoveries from the contextual investigation uncovered that the most persuasive factors in Malaysia:?1) contractor’s inappropriate arranging, 2) poor site the board, 3) deficient contractual worker experience,?are the most powerful factors. This paper has likewise broken down the normal and least effective of the postpone variables causing task deferral and cost overrun in Malaysia. It likewise infers that there are various measures as per the idea of deferring components to decrease the effect on task postponement and cost overruns in the development industry.?There are significant factors in the control of time overrun that would be actual thought related to know and tackle in great impact to improvement rate which may additionally no capacity that be recovered. Thirty (30) massive development extensions in Malaysia were exceptional coping with time overrun at some stage in development. Out of 30 undertakings, 17 (56.67%) ventures had been introduced by using 1100 days’ time overrun, 5 (16.67%) extensions in the middle of a hundred and one to 200 days, 5 (16.67%) ventures?201 to 300 days while three (10%) ventures have been deferred for timeframe over 300 days.展开更多
Sondu-Miriu hydropower （SMHP） project experienced delay for about five years and one of the contributing factors was delayed payment of the contractor, with ripples effect extending down the contractual hierarchy. T...Sondu-Miriu hydropower （SMHP） project experienced delay for about five years and one of the contributing factors was delayed payment of the contractor, with ripples effect extending down the contractual hierarchy. This study assessed the effects of delayed payment of the contractor on the completion of SMHP project in Kisumu County, Kenya. More specifically, the study addressed two research questions： What is the relative importance of delayed payment of the contractor compared to other forms of contractual delays？ What is the perceived effect of delayed payment of the contractor on the project＇s completion？ A causal-comparative design was adopted and primary data sourced in May 2011 from 39 senior management staff of contractual parties. Relative importance index （RII） was used to determine the relative importance of perceived effects of delayed payment of the contractor on the project＇s completion; while Kendell＇s coefficient of concordance was applied to determine the degree of agreement among participants regarding their perceived effects of delayed payment. The study found that delayed payment of the contractor affected the project by causing： loss of productivity and efficiency （71.8%）; increase in time-related costs （71.8%）; re-scheduling and re-sequencing of works （69.2%）; extension of time and acceleration （69.2%）; as well as prevention of early completion （53.8%）. The study concludes that timely payment of contractors is crucial for ensuring the continuity of works and completion of infrastructural projects within time, budget, and quality specifications. The study recommends the need for appropriate mitigative measures against potential risks, such as delayed disbursement of funds by external financiers, delayed approval of contractors＇ payment requests, as well as community participation and involvement of civil society to influence accountability in the management of project funds and expedite disbursement of funds for subsequent project phases.展开更多
文摘In this thesis,construction industries face with the major challenges are cost overruns and time delays, which have existed in most of projects, especially in developing countries. Construction projects and the environment are increasingly complex, thus it has greater demands on project managers and cost managers that deliver processes on time. However the process of construction is limited to unforeseeable and variable factors, resulting from many sources. The aim of the report is to analyze determining factors about causing budget overrun and time delays by reviewing and identifying past cases. Furthermore, the construction process is made up of three critical phases, i.e. conception, design, construction. Generally, the majority of time delays and cost overrun happen in the period of construction, where many factors are always unforeseeable, and time delays usually associate with cost overruns. （Chan and Kumaraswamy, 1997）
文摘Cost and time overrun are the key troubles of any improvement ventures. These troubles are inflicting the terrible end result in the development of kingdom monetary improvement and thriving. To overcome these problems, the?paper examines predominant impact on elements causing the mission postponement and cost. A poll review was led for the situation study embracing various information-gathering procedures. The discoveries from the contextual investigation uncovered that the most persuasive factors in Malaysia:?1) contractor’s inappropriate arranging, 2) poor site the board, 3) deficient contractual worker experience,?are the most powerful factors. This paper has likewise broken down the normal and least effective of the postpone variables causing task deferral and cost overrun in Malaysia. It likewise infers that there are various measures as per the idea of deferring components to decrease the effect on task postponement and cost overruns in the development industry.?There are significant factors in the control of time overrun that would be actual thought related to know and tackle in great impact to improvement rate which may additionally no capacity that be recovered. Thirty (30) massive development extensions in Malaysia were exceptional coping with time overrun at some stage in development. Out of 30 undertakings, 17 (56.67%) ventures had been introduced by using 1100 days’ time overrun, 5 (16.67%) extensions in the middle of a hundred and one to 200 days, 5 (16.67%) ventures?201 to 300 days while three (10%) ventures have been deferred for timeframe over 300 days.
文摘Sondu-Miriu hydropower （SMHP） project experienced delay for about five years and one of the contributing factors was delayed payment of the contractor, with ripples effect extending down the contractual hierarchy. This study assessed the effects of delayed payment of the contractor on the completion of SMHP project in Kisumu County, Kenya. More specifically, the study addressed two research questions： What is the relative importance of delayed payment of the contractor compared to other forms of contractual delays？ What is the perceived effect of delayed payment of the contractor on the project＇s completion？ A causal-comparative design was adopted and primary data sourced in May 2011 from 39 senior management staff of contractual parties. Relative importance index （RII） was used to determine the relative importance of perceived effects of delayed payment of the contractor on the project＇s completion; while Kendell＇s coefficient of concordance was applied to determine the degree of agreement among participants regarding their perceived effects of delayed payment. The study found that delayed payment of the contractor affected the project by causing： loss of productivity and efficiency （71.8%）; increase in time-related costs （71.8%）; re-scheduling and re-sequencing of works （69.2%）; extension of time and acceleration （69.2%）; as well as prevention of early completion （53.8%）. The study concludes that timely payment of contractors is crucial for ensuring the continuity of works and completion of infrastructural projects within time, budget, and quality specifications. The study recommends the need for appropriate mitigative measures against potential risks, such as delayed disbursement of funds by external financiers, delayed approval of contractors＇ payment requests, as well as community participation and involvement of civil society to influence accountability in the management of project funds and expedite disbursement of funds for subsequent project phases.
