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Volume & Issue no: Volume 7, Issue 2, March - April 2018

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Title:
Cost Escalation And Delays In Construction Industry Using SPSS
Author Name:
T.Subramani, M.Kannan, P.Vinoth, K.Mohan Doss, S.Priyanka
Abstract:
Abstract: Cost and schedule overruns can occur due to a widerange of causes on various types of projects. Scheduling is very important in construction industry for reducing and controlling the delay of the project. However, most of the construction projects delays in India were characterized by schedule overrun (Time).Transportation infrastructure development specifically public highway projects remains a major tool for achieving the aspirations of the newly introduced economic principles of the Government of India. However, the importance of this industry and its impact on the national economy, concerns are raised frequently on the poor performances of these projects in terms of time, cost, and quality which directly subjected the construction of these projects to schedule delay, cost overrun, and quality shortfall problems. The objective of this study is to identify the critical factors affecting cost overrun and obtain statistical models using multiple regression and artificial neural networks. Regression models are obtained using SPSS software. Furthermore, the study establishes that contractor’s technical staff is insufficient and ineligible to accomplish the project, lack of communication between the construction parties, and unavailability of experienced staff in the owner’s and contractor’s teams during the project execution are the major factors responsible for causing schedule delay, cost overrun, and quality shortfall respectively. In addition, recommendations for avoiding and overcoming the negative implications of these factors on the performance of the public highway projects. Keywords: Cost Escalation, Delays, Construction Industry SPSS
Cite this article:
T.Subramani, M.Kannan, P.Vinoth, K.Mohan Doss, S.Priyanka , " Cost Escalation And Delays In Construction Industry Using SPSS" , International Journal of Emerging Trends & Technology in Computer Science (IJETTCS) , Volume 7, Issue 2, March - April 2018 , pp. 158-168 , ISSN 2278-6856.
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International Journal of Emerging Trends & Technology in Computer Science (IJETTCS)
ISSN 2278-6856
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