Abstract

Abstract: Over the past decade, India has experienced rapid growth in its residential and infrastructure sectors. However, building projects in the country are frequently plagued by delays, which have severe consequences for the projects. One of the primary causes of these delays, both domestically and internationally, is the shortage and delayed availability of materials. However, the specific underlying reasons can vary from country to country. In the case of India, the scarcity of materials primarily stems from their origin or availability. Additionally, it has been identified that inefficient systems for procuring materials and managing inventory, as well as delayed identification of required materials, are the leading causes of delays in material delivery. These findings serve as valuable insights for formulating or revising critical policies to ensure timely completion of projects. The repercussions of project delays are wide-ranging and include cost overruns, time overruns, contract cancellations, arbitration, and litigation.

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