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Qualitative analysis of Time delay and Cost overrun in Multiple Design and Build Projects

C.T, Ramanathan and Sambu Potty, Narayanan (2014) Qualitative analysis of Time delay and Cost overrun in Multiple Design and Build Projects. In: 2014 ICDMCME 2014 conference, February 4 - 5, 2014, Bali. (Submitted)

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Abstract

Nowadays projects are more complicated involving huge contract values, participants from multi-discipline, more specialized works, tighter schedule, stringent quality standards, etc. Ultimately, cost and time are the two key parameters that plays significant role in a project success. The study focuses on multiple Design and Build (D&B) project which has complicated risk and is governed by fixed contract sum (Lump sum). As such, there is no such specific study to address this problem faced in Malaysia construction industry. Qualitative research was applied at three stages of projects for time delay and two aspects for cost overrun. This paper presents one aspect each for time delay and cost overrun. This benefits the industry in managing projects proactively with appropriate risk response plan to the respective region.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:Cost overrun, D&B projects, qualitative risk analysis, time delay
Subjects:T Technology > TA Engineering (General). Civil engineering (General)
Academic Subject One:Academic Department - Civil Engineering - Structures, materials and construction
Departments / MOR / COE:Mission Oriented Research > Sustainable Development
ID Code:11039
Deposited By: DR NARAYANAN SAMBU POTTY
Deposited On:16 Feb 2014 23:41
Last Modified:19 Jan 2017 08:20

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