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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)
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ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013
Call For Paper - Volume 12 | Issue 7 | Month- July 2024
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Paper Title
Analysis of cost overrun in construction project
Authors
Prof.Janki Patel, Arpita Patel, Nehal Raval, Vijay Mandal
Keywords
Cost Overrun, Construction Projects
Abstract
Cost overrun is the most important problems that confound projects progress, since It reduces the contractor's profit leading to enormous losses, and leaving the project in great troubles. Construction cost is one of the peak criteria of success of a project throughout its lifecycle and is of high concern to those who are involved in the construction industry. All projects, regardless of size, complexity is saddled by targets and uncertainty. Mostly in developing countries construction projects are characterized by overruns in cost. Cost overruns occur in every construction project and the magnitude varies significantly from project to project. This leads to severe need of addressing the acute issue of construction cost overrun. This paper describes the state of art of the research on cost overrun factors in the construction projects. From the reviews, identify some main factors causing the cost overrun and their formula.
IJCRT's Publication Details
Unique Identification Number - IJCRT2311063
Paper ID - 245643
Page Number(s) - a491-a495
Pubished in - Volume 11 | Issue 11 | November 2023
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Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882
E-ISSN Number - 2320-2882
Cite this article
Prof.Janki Patel, Arpita Patel, Nehal Raval, Vijay Mandal, "Analysis of cost overrun in construction project", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 11, pp.a491-a495, November 2023, Available at :http://www.ijcrt.org/papers/IJCRT2311063.pdf
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Volume 12 | Issue 7
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Submit Manuscript Online Impact Factor: 7.97 Review Results : Within 02-03 Days Paper Publication : Within 02-03 Days
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
ISSN and 7.97 Impact Factor Details
ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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