Cost Overrun and Delays in Construction Management by Using Primavera

Abstract

Abstract: Project management is the practice of organizing, planning, carrying out, overseeing, and wrapping up a team's work in order to accomplish particular objectives and satisfy particular success criteria within a given time frame. Each project is unique, and managing it is necessary to meet the project's need for increased productivity. Notwithstanding the centuries-long evolution of the construction industry and the decades-long quest for novel solutions by researchers, a variety of obstacles still need to be overcome in order to improve the speed, safety, affordability, and accuracy of the construction process. Utilizing a program called Prima Vera p6, which is a tool for project planning and progress tracking, the study focuses on an ongoing residential building construction project (G+5) . This project is a G+5 storey residential building with a rectangular shape RCC framed construction with a total size of 1391 Sq. Mtr. And the floor height is 3m. We used Primavera to calculate project quantities, schedule, and estimate the project. We created a Gantt chart and a network diagram for this project and completed it in a timely and cost-effective manner. It gathers all relevant data from the relevant agencies and closely monitors the work processes. Through our work on it, we have learned a great deal about the challenges that businesses encounter on a daily basis. Though every project is unique, as I've already shown, we may learn from our mistakes and prevent them in future endeavors. Using Primavera P6, a project management tool, a comparison of the original and actual time and cost is conducted in this study. The project monitoring process itself might not be completed effectively even with well-established planning and policies.