Abstract
Construction projects are facing time and cost overrun globally. Since, this problem occurs due to various factors, hence for achieving successful construction projects, it is very important to control the responsible factors causing time and cost overrun. This study assessed the relevancy for each mitigation measures in relation with causative factors of time and cost overrun in Malaysian construction projects. A total of 56 mitigation measures were identified and correlated with the critical factors of time and cost overrun which were categorized into four phases of project life cycle. Data collection was done by conducting structured interviews amongst the experienced practitioners of the southern regions of Peninsular Malaysia.
Highlights
Issues of time and cost overrun in the construction industry have adversely affected the success of the projects globally
This study is an extension of the research work carried out by [6] regarding identifying critical factors contributing to time and cost overrun as shown in Table 1 below where phase 1 represents planning phase, phase 2 is design phase, phase 3 as construction phase and phase 4 is finishing phase
It is noted that for the factors occurring in design phase, the respondents agreed with all identified relative mitigation measured except one measures
Summary
Issues of time and cost overrun in the construction industry have adversely affected the success of the projects globally. Numerous models and methodologies have been developed over the past years These developments mostly have focused in dealing with the cost estimation and managing escalations in projects, but still there is a significant knowledge gap emerging in establishing a reference the practices across the industry. This study is focusing on determining mitigation measures in order to control the critical factors causing time overrun in Malaysian construction industry. This study is an extension of the research work carried out by [6] regarding identifying critical factors contributing to time and cost overrun as shown in Table 1 below where phase 1 represents planning phase, phase 2 is design phase, phase 3 as construction phase and phase 4 is finishing phase
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