Analysis of construction cost and time overrun factors for high rise buildings
International Journal of Development Research
Analysis of construction cost and time overrun factors for high rise buildings
Received 09th April, 2017; Received in revised form 24th May, 2017; Accepted 16th June, 2017; Published online 22nd July, 2017
Copyright ©2017, Suwarna Jape and Upendra Saharkar. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
In construction industries achievement of the time and cost objectives is a major problem in spite of availability of control techniques and project control software’s. Research in the field of going on to identify causes of cost and time overruns. Now a days people are concentrating on the factors affecting the cost and time while construction of a project so that it will make ease to practitioner to have complete control over the project. While doing so various surveys has been conducted by researcher over 24 respondents (for fourty eight surveys 24 for cost overrun and 24 for time overrun) for various construction project in Pune, which was followed by personal interview with experience professionals from these organizations. The job was to identify the common factors which affects both time and cost control during construction projects (5). Subsequently 45 measures have been developed which leads us to know to how they impact on the cost and time of project, depending on the characteristics such as degree of severity and number of occurrence. The result of this study assist policy makers to make checklist of good practice and help them to understand factors causing actual delay, indirectly effective control over their projects (2).
