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Causes and Effects of Cost Overrun on Building Construction Projects

Author(s):

Amit Patel , Samrat Ashok Technological Institute, Vidisha,M.P.; Abhishek jain, Samrat Ashok Technological Institute, Vidisha,M.P.; Asst.Professor Sanjay Saraswat, Samrat Ashok Technological Institute, Vidisha,M.P.

Keywords:

Causes, Effects, Methodology, Costoverrun Solution

Abstract

Many projects experience cost overrun and thereby exceed initial contract amount. In India the number of public building construction projects is increasing. However, it becomes difficult to complete projects in the allocated cost and time. Taking into account the scarce financial resources of the country, cost overrun is one of the major problems in this research was carried out to dig out information on the factors that cause cost,¬ overrun during construction and their effects on public building construction projects. And how to eliminate these problems.

Other Details

Paper ID: IJSRDV4I40832
Published in: Volume : 4, Issue : 4
Publication Date: 01/07/2016
Page(s): 936-937

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