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  Published Paper Details:

  Paper Title

COST OF TIME DELAY AND FINANCIAL IMPLICATION OF ITS PROJECT RECOVERY IN CONSTRUCTION PROJECTS

  Authors

  Arjun Arora,  Dr. Chaitali Basu,  Dr. Virendra Kumar Paul

  Keywords

Delay, Cost Overrun, Cost of Delay, Project Recovery

  Abstract


An unexpected delay in a construction project will extend the overall duration of project activities and entails an increase in project costs. Once a project is troubled, a concerted effort is made to recover the project objectives as much as possible. The main purpose of this study is to identify the cost of delays and the implication of project recovery schedule on overall completion costs. A questionnaire review was performed to determine the key sources of delay from client, employee, and consultant views. Along with top ten most frequent factors of delay, the survey also focused on the mitigation recovery methods adopted on site by all the involved parties. Methods of project recovery shall be extended to the essential factors found which can speed up the development of delayed project. The end result is two-dimensional focusing on project recovery cost as well as types of mitigation adopted namely management and on-site approach.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2005361

  Paper ID - 194933

  Page Number(s) - 2788-2793

  Pubished in - Volume 8 | Issue 5 | May 2020

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Arjun Arora,  Dr. Chaitali Basu,  Dr. Virendra Kumar Paul,   "COST OF TIME DELAY AND FINANCIAL IMPLICATION OF ITS PROJECT RECOVERY IN CONSTRUCTION PROJECTS", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.8, Issue 5, pp.2788-2793, May 2020, Available at :http://www.ijcrt.org/papers/IJCRT2005361.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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