Home » Environmental Science » ENVIRONMENTAL FACTORS INFLUENCING CONSTRUCTION TIME AND COST OVERRUNS ON HIGH-RI...
ENVIRONMENTAL FACTORS INFLUENCING CONSTRUCTION TIME AND COST OVERRUNS ON HIGH-RISE PROJECT IN NIGERIA
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 75 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 5,888 times
INSTANT PROJECT MATERIAL DOWNLOADENVIRONMENTAL FACTORS INFLUENCING CONSTRUCTION TIME AND COST OVERRUNS ON HIGH-RISE PROJECT IN NIGERIA
Introduction
Construction time: The Nigerian construction industry contributes less to the country’s economy than do manufacturing or other service industries. Of®cially, construction accounted for only 5.5% of the annual gross domestic product (GDP) in 1993 (Langdon, 1994). However, the growth of the Indonesian construction industry has greatly in¯ uenced the country’s economic development. As de®ned in developed countries (Hillebrandt, 1985), con- struction is considered unique in that it can stimulate the growth of other industrial sectors. Hence to consider growth of the construction industry in terms of its contribution to GDP in isolation is somewhat misleading: that is, to do so understates the crucial role played by construction. Therefore, improving construction ef®- ciency by means of cost-effectiveness and timeliness would certainly contribute to cost savings for the country as a whole. Effort directed to cost and time- effectiveness were associated with managing time and cost, which in this study was approached via investigating time and cost overruns of high-rise construction in Nigeria.
Like developing countries, such as Nigeria (Okpala and Aniekwu, 1988; Elinwa and Buba, 1993;
Mans®eld et al., 1994), Saudi Arabia (Assaf et al., 1995) and Malaysia (Yong, 1988), Indonesia suffers from construction time and cost overruns. The intentions
of this paper therefore are:
1. to identify variables in¯ uencing construction time and cost overruns;
2. to group these variables into factors;
3. to analyse the relationship of these factors and thereby enhance understanding of construction delays and cost overruns. Although the research concentrates on Nigeria, the ®ndings should be relevant to all developing countries, as they face similar problems in terms of time and cost overruns on construction and infrastructural development projects (Morris and Hough, 1987). Construction Management and Economics (1997) 15, 83±94 Factors in¯ uencing construction time and cost overruns on high-rise projects in Nigeria
Causes of time and cost overruns
According to Antill and Wood head (1989), time over runs
(delays) can be divided into three categories:
1. those over which neither party to the contract has any control;
2. those over which the construction owner (or his/her representative) has control;
3. those over which the contractor (or any subcontractor) has control.
It is generally recognized that delays of type 1 are part of the contractor’s normal and legitimate monetary
risk, and hence should give neither party grounds for monetary recompense, but that the contract com- pletion date should be extended in order to protect contractors from liquidated damages claims for late completion. Alternatively, in the extreme a contract may be repudiated due to `frustration’. It is also recog- nized that for delays of type 2 the contractor should receive fair and reasonable recompense (cost and time), whereas for type 3 delays the contractor must bear full responsibility.
This material content is developed to serve as a GUIDE for students to conduct academic research
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
INVESTIGATING THE EFFECT OF INDUSTRIAL WASTE MANAGEMENT ON WORKERS HEALTH IN SELECTED INDUSTRIES IN ...
CHAPTER ONE INTRODUCTION 1.1 Background of the study Waste generation is an inherent mechanism in all organisms. Human activities and processes follow...More »
Item Type: Project Material | 54 pages | 398 engagements |
- 2.
INVESTIGATING THE OBSTACLES ENCOUNTERED BY THE SOLID WASTE INDUSTRY IN DOUALA, CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study Cameroon, like other developing nations, is currently undergoing a significant increase in the pr...More »
Item Type: Project Material | 54 pages | 347 engagements |
- 3.
EVALUATION OF PUBLIC PERCEPTION ON HOUSEHOLD SOLID WASTE MANAGEMENT IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study Household waste refers to the garbage that is produced as a result of many activities carried ...More »
Item Type: Project Material | 54 pages | 346 engagements |
- 4.
AN INVESTIGATION OF THE PROBLEMS ASSOCIATED WITH SOLID WASTE MANAGEMENT IN RURAL AREAS IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study The management of solid waste is becoming an increasingly significant issue worldwide. Inadequ...More »
Item Type: Project Material | 54 pages | 360 engagements |
- 5.
AN EVALUATION OF THE IMPACT OF ILLEGAL DUMPING OF SOLID WASTE ON PUBLIC HEALTH IN CAMEROON: A CASE S...
CHAPTER ONE INTRODUCTION 1.1 Background of the study In recent decades, environmental concerns have gained global significance, with the detrimenta...More »
Item Type: Project Material | 54 pages | 390 engagements |
- 6.
AN EVALUATION OF MANAGEMENT AND DISPOSAL OF INDUSTRIAL WASTES IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study Waste creation and management are inherent aspects of industrialization. Urbanization is intri...More »
Item Type: Project Material | 54 pages | 370 engagements |