Cost Escalation And Delays In Construction Industry Using SPSS
Journal: International Journal of Emerging Trends & Technology in Computer Science (IJETTCS) (Vol.7, No. 2)Publication Date: 2018-05-20
Authors : T.Subramani M.Kannan P.Vinoth K.Mohan Doss S.Priyanka;
Page : 158-168
Keywords : ;
Abstract
Abstract: Cost and schedule overruns can occur due to a widerange of causes on various types of projects. Scheduling is very important in construction industry for reducing and controlling the delay of the project. However, most of the construction projects delays in India were characterized by schedule overrun (Time).Transportation infrastructure development specifically public highway projects remains a major tool for achieving the aspirations of the newly introduced economic principles of the Government of India. However, the importance of this industry and its impact on the national economy, concerns are raised frequently on the poor performances of these projects in terms of time, cost, and quality which directly subjected the construction of these projects to schedule delay, cost overrun, and quality shortfall problems. The objective of this study is to identify the critical factors affecting cost overrun and obtain statistical models using multiple regression and artificial neural networks. Regression models are obtained using SPSS software. Furthermore, the study establishes that contractor's technical staff is insufficient and ineligible to accomplish the project, lack of communication between the construction parties, and unavailability of experienced staff in the owner's and contractor's teams during the project execution are the major factors responsible for causing schedule delay, cost overrun, and quality shortfall respectively. In addition, recommendations for avoiding and overcoming the negative implications of these factors on the performance of the public highway projects. Keywords: Cost Escalation, Delays, Construction Industry SPSS
Other Latest Articles
- Experimental Study On Pollution Control Concrete
- Site Suitability For Sewage Treatment Plant
- Experimental Study On Pervious Concrete Using Different Size Of Coarse Aggregate
- Experimental Study Of Applying Translucent Concrete In Green House Building Concrete Using M-Sand
- Transparent Concrete Concept By Replacing Fine Aggregate Of Waste Glass By Using Admixture In Optical Fibre
Last modified: 2018-05-28 21:48:16