To Evaluate Cost Overruns, Delays and Risk Involved in Construction Management by using SPSS

To Evaluate Cost Overruns, Delays and Risk Involved in Construction Management by using SPSS

Prof.S.O.Kulkarni1

Department of Civil Engineering,

JSPM’s Rajarshi Shahu School of Engineering and Research,Pune,Maharashtra,India

Aditya Burle2,Kunal Dhepe3,Piyush Ralebhat Patil4,Snehal Deshmukh5,Akanksha Yadav6

B.E Students,Department of Civil Engineering, JSPM’s Rajarshi Shahu School of Engineering and Research,Pune,Maharashtra,India

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.

Keywords—supply chain management, labourers, logistics, resources, cost-benefit analysis, Disputes, Material management,