STUDY THE DIFFERENT ELEMENTS OF CONSTRUCTION MANAGEMENT FOR REDUCING DELAY AND COST.

STUDY THE DIFFERENT ELEMENTS OF CONSTRUCTION MANAGEMENT FOR REDUCING DELAY AND COST.

1Prof. S. V. Bankar, 2Tejas. U. Wagh, 3Abhijeet .N. Amale,4Nagraj. R. Nalawade, 5Arun. P. Chumble

1Prof. S. V. Bankar Department of Civil Engineering, S.B. Patil College Engineering

 2Tejas. U. Wagh Department of Civil Engineering, S.B. Patil College Engineering

3Abhijeet. N. Amale Department of Civil Engineering, S.B. Patil College Engineering

4Nagraj. R. Nalawade Department of Civil Engineering, S.B. Patil College Engineering

5Arun. P. Chumble Department of Civil Engineering, S.B. Patil College Engineering

---------------------------------------------------------------------***---------------------------------------------------------------------

Abstract - India has been rapidly developing homes and infrastructure for the last decade. Delays in building projects are prevalent and severely damage projects in numerous ways. Material shortages and delays in material availability are major causes of building project delays internationally. However, the major underlying reasons vary every country. The main source of material shortage is the origin or availability of materials. However, inefficient materials procurement and inventory management systems, as well as late identification of the materials needed, were revealed to be the leading causes of material delivery delays. The observations were supposed to help formulate or revise critical policies to ensure project completion on time. Cost overruns, time overruns, contract cancellation, arbitration, and litigation are studied successively. The increasing prevalence of project delays is directly influencing the timely delivery of construction projects. Corrupt practices, lack of quality materials, incorrect design, slow delivery of materials, slow approval and receipt of completed project work, improper site management and performance, late budget/fund release, and ineffective project planning and scheduling should be investigated as influential causes of delay. This study assesses the impact of construction delays and possible solutions.