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Published in:

Volume 4 Issue 8
August-2017
eISSN: 2349-5162

Unique Identifier

JETIR1708010

Page Number

41-46

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Title

Study Of Factors Causing Cost Overrun In Construction Industry Using AHP Technique

ISSN

2349-5162

Cite This Article

"Study Of Factors Causing Cost Overrun In Construction Industry Using AHP Technique", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 8, page no.41-46, August-2017, Available :http://www.jetir.org/papers/JETIR1708010.pdf

Abstract

For a construction parties, cost performance is most important. Cost overrun are a serious issue in several Indian construction parties. Most construction projects experiences cost overrun and it place financial burden on the consumer and owner. Therefore, this work is carried out to find the major factors that were responsible for cost overrun within construction industry in Gwalior region of Madhya Pradesh(INDIA). A questionnaire for the survey has been prepared by authors based on 32 common factors that were taken from previous work on cost overrun in different regions from literature reviews, articles, journals etc. The survey is taken from the members who involved in construction industries mainly contractor, site engineer, project manager, architects and various other respondent related to construction projects/industry. The result came from survey revealed that the top most critical factors that causes cost overruns during construction projects are Lack of Involving Contractor during Design, Poor Site Management and Supervision, Theft on Site, Frequent Design Changes, Incomplete design and Change in Material Specification.

Key Words

AHP technique, Cost Overruns, Construction Industry, construction cost.

Cite This Article

"Study Of Factors Causing Cost Overrun In Construction Industry Using AHP Technique", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 8, page no. pp41-46, August-2017, Available at : http://www.jetir.org/papers/JETIR1708010.pdf

Publication Details

Published Paper ID: JETIR1708010
Registration ID: 170553
Published In: Volume 4 | Issue 8 | Year August-2017
DOI (Digital Object Identifier): http://doi.one/10.1717/JETIR.17024
Page No: 41-46
ISSN Number: 2349-5162

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Cite This Article

"Study Of Factors Causing Cost Overrun In Construction Industry Using AHP Technique", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 8, page no. pp41-46, August-2017, Available at : http://www.jetir.org/papers/JETIR1708010.pdf




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