Study of Factors Causing Cost Overrun in Construction Industry Using AHP Technique: A Review
Journal Title: International Journal of engineering Research and Applications - Year 2017, Vol 7, Issue 7
Abstract
Cost overrun has become a serious problem in construction sector. When the project could not be completed in estimated time at given budget then cost overrun occurs which is excess of actual cost over budget. These overruns have harmful impact on the financial system of country. Cost overrun have several factors that don't seem tobe taken into consideration at the time of planning resulting into delays and cost will increase. Within the study, we've got studied literature and known those factors influencing cost overruns. The primary findings emanating from the study disclosed that empirical studies have known variety of necessary factors that cause project cost overruns. These factors are categorized into several group depending on their category. It is found that understanding the cause of such factor by construction manager should help to avoid or minimize the cost overruns and gives better cost performance over the life of the project.
Authors and Affiliations
Shah Mohd Shahbaz, Sohit Agrawal, Dr. Mukesh Pandey
Keywords
Related Articles
- EP ID EP391591
- DOI 10.9790/9622-0707048688.
- Views 100
- Downloads 0
Very Simple Way of Sub Netting for Internetworking Protocol Version 4
When a student performs sub netting he has ample amount of time in exam to do it using various ways. But when same thing a network admin or security admin does, he has time frame limit. Consider in real corporate world a...
A Survey on Location Aware Keyword Query Suggestion Based On Document Proximity
Keyword suggestion in web search is a very important feature to be considered in today’s growing world. It helps user to access the information without any priorknowledge of how to express in queries.The main concept of...
Comparitive Study of Modfet Based Low Noise Amplifier Design In The Bandwidth Of 6 Ghz
Low noise amplifier is vital in the design of receivers at microwave frequencies. In this paper , the performance of HEMT Low noise amplifier is analyzed at 2.4 GHz within a bandwidth of 6 GHz, FR4 substrate is chosen an...
Influence of alkaline earth modifiers on luminescence characteristics of Dy3+ ions in lead zinc antimonate glasses
Sb2O3–PbO –ZnO: Dy2O3 glasses mixed with three different modifier oxides viz., BaO, CaO and SrO were prepared. The influence of modifier oxide on the luminescence characteristics of Dy3+ ions has been investigated. Using...
The Impact of Lifestyle on Oral Health Status of Adolescents in Bhopal City, India
Purpose: To assess the impact of lifestyle on Oral health status of Adolescents in Bhopal City, India. Material and Methods: A convenience sample of 17-23 year old college going adolescents from one Arts institute in Bho...