Study of Factors Affecting Cost Overrun in Road Construction Project |
Author(s): |
Pranav K. Lende , PVPIT, Bavdhan, Pune.; Prof. Pravin R. Minde, PVPIT, Bavdhan, Pune. |
Keywords: |
Design Changes; Road Construction Projects; Time Overrun; Cost Overruns |
Abstract |
It is well known that most road construction projects in India exposed to cost and time overrun or both. This phenomenon may affect the progress of country as well as may expose many institutions of construction to be destroyed. Literatures of these studies were classified into two main parts which are: (1) Cost overruns of project; (2) Time overrun of projects. The aim of this paper is to study of road construction projects in view of cost and time overruns of road projects in Amravati region. The objectives of this study were achieved through two approaches the first one was to find critical cost overrun factors by questionnaire survey. The second by collect project related data from Amravati Municipal Corporation. The study clarified that change in cost of services, delay in payment, and design changes during construction, change in quantity due to actual site conditions, delay in design and approval of design, delays in shifting existing utilities, and poor communication between government bodies are the main reasons for cost overrun in road construction project. The study recommended government, contractors, and consultants to hold their responsibilities to avoid any cost and time overrun which could be achieved by good management of the project. |
Other Details |
Paper ID: IJSRDV6I70088 Published in: Volume : 6, Issue : 7 Publication Date: 01/10/2018 Page(s): 111-115 |
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