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

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 consequenc...

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Main Author: Ahmad Aiman Ariff, Ahmad Zamri
Format: Undergraduates Project Papers
Language:English
Published: 2019
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/28469/
http://umpir.ump.edu.my/id/eprint/28469/1/Predicament%20in%20construction%20%E2%80%93%20an%20overlook%20to%20delays%2C%20cost%20overruns%20and%20risks.pdf
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author Ahmad Aiman Ariff, Ahmad Zamri
author_facet Ahmad Aiman Ariff, Ahmad Zamri
author_sort Ahmad Aiman Ariff, Ahmad Zamri
building UMP Institutional Repository
collection Online Access
description 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.
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format Undergraduates Project Papers
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institution Universiti Malaysia Pahang
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language English
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publishDate 2019
recordtype eprints
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spelling ump-284692023-11-03T01:04:12Z http://umpir.ump.edu.my/id/eprint/28469/ Predicament in construction – an overlook to delays, cost overruns and risks Ahmad Aiman Ariff, Ahmad Zamri HD61 Risk Management TH Building construction 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. 2019-01 Undergraduates Project Papers NonPeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/28469/1/Predicament%20in%20construction%20%E2%80%93%20an%20overlook%20to%20delays%2C%20cost%20overruns%20and%20risks.pdf 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.
spellingShingle HD61 Risk Management
TH Building construction
Ahmad Aiman Ariff, Ahmad Zamri
Predicament in construction – an overlook to delays, cost overruns and risks
title Predicament in construction – an overlook to delays, cost overruns and risks
title_full Predicament in construction – an overlook to delays, cost overruns and risks
title_fullStr Predicament in construction – an overlook to delays, cost overruns and risks
title_full_unstemmed Predicament in construction – an overlook to delays, cost overruns and risks
title_short Predicament in construction – an overlook to delays, cost overruns and risks
title_sort predicament in construction – an overlook to delays, cost overruns and risks
topic HD61 Risk Management
TH Building construction
url http://umpir.ump.edu.my/id/eprint/28469/
http://umpir.ump.edu.my/id/eprint/28469/1/Predicament%20in%20construction%20%E2%80%93%20an%20overlook%20to%20delays%2C%20cost%20overruns%20and%20risks.pdf