Effective Resource Utilization for Successful Completion of a Project in Nepal

Construction projects require planning, scheduling and resource management for successful completion of a project. Improper planning, poor estimation and unclear contracts regarding the procurement of resources cause cost and time overrun in activities of a project. So, a resource must be planned with proper estimation, clear contract and smooth utilization of resource constraints. The present study deals with the resource management of two projects namely Khudi Hydropower Repair Project and K. C. Bhawan Semi-Commercial Building Project in Nepal. The study for this project has been carried out in two stages. At first all the activities were planned and scheduled in Microsoft Project then the resources for each activity were planned and estimated using MS Excel in the second stage. The prices attributed for the Commercial Building was adopted using the Standards prevailing in the market and for the repair of hydropower project, prices are adopted according to the BOQ as agreed between the client and contractor. The study of this paper relates to two prevailing contracts in the market where one contract gives the authority of managing the resources by the contractor itself while the other contract gives the authority of managing resources by the client. The required data has been collected from drawings and prevailing site conditions which has shown that contracts giving authority of managing resources to the contractor is more cost effective than the contracts where resources are procured by the client itself. The study of this paper also concludes that material price forecasting is required as the contractor suffered a loss in the fourth floor of the building. The material price attributed to the fourth floor was taken by taking the average of the material prices of the previous five years.