Review paper on factors affecting of time overrun in construction industry
Abstract
One of the most serious concerns confronting the construction business today is time overrun. There are several elements that contribute to time overruns that must be understood and addressed in order to successfully complete projects on time. This is due to the fact that schedule overruns have a significant influence on building costs that can never be recovered. In India, 50 significant building projects were recognized as having a Time Overrun during construction. Out of 50 projects, 40% were delayed by 1 to 100 days. 25% projects were delayed between 101 and 200 days, 20% projects were delayed between 201 and 300 days, and 10% projects were delayed beyond 300 days. A prepared questionnaire was distributed to project management consultant staff. The data was statistically evaluated to determine the causes of time overruns. The findings of this study will improve the process of awarding building jobs to contractors.