• Fulltext


        Click here to view fulltext PDF

      Permanent link:

    • Keywords


      Cost overrun in India; ANOVA; factor analysis; construction projects.

    • Abstract


      Delay and cost overrun are common phenomena in projects worldwide. However, these are especially severe in developing countries. In India as per MOSPI report, 235 projects out of 410 were severely affected cost overrun due to certain factors. A short questionnaire was conducted with 15 prominent factorsresponsible for cost overrun and forwarded to 190 constructional professionals across India. Total 85 responses were received and it was analyzed using various statistical tools such as analysis of variance (ANOVA) and factor analysis tool using SPSS. In this study, top three factors affecting cost overruns were identified such as price escalation of raw material, delay in planned activity and lack of co-ordination between construction parties which could be significantly responsible for cost overnun of construction project in India. Factor analysismethod was also carried out to group the factors into three components of overall questionnaire. These components, such as client control component, project management component, and contractor control component,would be useful to the various parties involved in the construction activities. This paper also provides suggestive frameworks which have been framed after discussing with large number of construction professionals or expert

    • Author Affiliations



      1. Department of Civil Engineering, Visvesvaraya National Institute of Technology, Nagpur 440010, India
    • Dates

  • Sadhana | News

    • Editorial Note on Continuous Article Publication

      Posted on July 25, 2019

      Click here for Editorial Note on CAP Mode

© 2017-2019 Indian Academy of Sciences, Bengaluru.