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Predicament in construction – an overlook to delays, cost overruns and risks

Ahmad Aiman Ariff, Ahmad Zamri (2019) Predicament in construction – an overlook to delays, cost overruns and risks. Faculty of Civil Engineering and Earth Resources, Universiti Malaysia Pahang.

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Abstract

Time and cost performance are the basic criteria for the success of any project. These problems in the construction industry are a global phenomenon. Malaysia has been regarded as an industry facing poor performance leading to failure in achieving effective time and cost performance. As a consequence, most projects face huge amount of time or delays and cost overruns. This study assessed the delay and cost of overruns of construction projects in Malaysia and identified relevant ways to minimize deferred costs, delays and risks involved in construction projects. The major contributors to this poor performance include design problems or errors in resource, poor management of material, the weather condition, unpunctually material delivery and unavailability of incentives for contractor for finishing ahead of schedule. Furthermore, interviews were conducted with experienced personnel involved in managing construction projects in order to comprehend the situations encountered during the cycle life of the project. This study provide insight overviews of the current practice such that can be used as preventive measures for future projects.

Item Type: Undergraduates Project Papers
Additional Information: Project Paper (Bachelors of Civil Engineering) -- Universiti Malaysia Pahang – 2019, SV: PUAN WAFTY BINTI ADB RAHMAN, NO. CD: 12310
Uncontrolled Keywords: Cost overruns; risks; delays; construction
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
T Technology > TH Building construction
Faculty/Division: Faculty of Civil Engineering & Earth Resources
Depositing User: Mrs. Sufarini Mohd Sudin
Date Deposited: 16 Jun 2020 05:04
Last Modified: 16 Jun 2020 05:04
URI: http://umpir.ump.edu.my/id/eprint/28469
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