2.1 Introduction This chapter a study of literature on the topic of delay causes and objectives of project time, cost, and quality. In the project life series, the most important factors troubling the termination of a project commonlyexist in at the early stages. At this location, effect should be based on expert financial judgment with due exterior for enough financing, commonpublic and regulatory atmosphere, and industrialized considerations (Hendrickson and Au, 2003). Predicting and understanding the problems in front of they take place, careful study to keep away from any of them and adopting suitableproduct when they really come into reality is expected when fore-knowledge of which challenges are most expected to take location in construction projects isexisting. 2.2 Type of Delay Construction delays can be considered as time lag in achievement of actions from a fixed time as per contract or they can be defined as late completion or late start of behavior to the planned schedule or contract schedule. When project delay occurs it means project cannot be completed within stated time, which means there will be extensions of time required which will further result in fine, increased cost due to inflation, extinction of contract, court cases etc. or combinations of above stated factors. Delay can be seen as risk for the project and could be handled at inception stage or at least one can try to mitigate or minimize it. Risk is an integral part of a construction project; it
The period of the project is one of the most reason that directly affects to the result. Some parts of the project need a plenty of time to expertise and complete. For example, the calculations of the project need to send to the manager of the project as well as costing a lot of time for adjustments and approval. Normally, this project need more than 6 months to complete the designs and 6 months for the installations.
Management of construction projects needs skills and knowledge in modern management and comprehension of construction and design process. In construction projects, the relevant technology processes, and arrangements differ, but common sequence of events apply. Construction projects generally require a specification of the project plans and objectives that entail budgeting, scope, setting of performance requirements, scheduling, and project participants (Rojas, 2009). It also requires project management specifics like the resource utilization by procurement of materials, labor, and equipment to project plan and schedule. In addition, it leads to implementation of several operations by effective control, estimation, design, construction, and contracting (Mincks & Johnston, 2010). The sequence of events occurring in the construction phase is categorized into three broad areas including foundation, structural, and finishes sequence.
Under present circumstances project would be delayed by 431 days, no way to deliver on project completion date of November 18th, 2003.
The stages of the construction project management differ from the stage of business management, in several respects. For example, construction management first stage is the resolution; it is necessary to identify requirements relating to the project by the owner and choose a consult to help in completing a preliminary assessment for the project and the feasibility, also the impact of its presence in the economic and social development areas. However, planning is the first stage on
Describe common practices to estimate the duration of project activities as well as real reasons that cause project delays.
My partners and I have made a list of areas that might cause the project delays or failure with their respective outcomes. We have listed the risk below that can prevent the project to finish on time.
How do the five major variables of project management—scope, time, cost, quality, and risk—relate to this scenario?
This research paper is focused on one of the biggest concern of the construction industry in today’s world, which is “Construction Delay Claims”. A construction project consists different individual or interdependent activities. There is a higher possibility that some sort of delay might occur in any of the involved activities. In order to mitigate issue of delays and make delay claim resolving process easier, researcher and engineers came with an idea which is know as “Critical Path Method (CPM)”. CPM would have different activity paths but among them the longest path (based on time duration) is known as critical path. Critical path is also known as “Zero Float Path”. Float is a certain extra amount of time allotted to activities which can be utilized before or during that activity. It can be understood that any delay in the activities that are on critical path could cause overall project to be delayed. Though delays are quiet common in construction projects, it is necessary to determine whether the delay is critical or not. Once the criticality of the delay is decided then the responsible party for the delay is determined. This is the basic logic behind all the construction delay claims assessment methodologies. Key tools in the assessment procedure are As- planned schedule and As- build schedule for the project. As- planned scheduled is the schedule submitted by the contractor to the owner prior to the construction work starts. As- build schedule is the schedule which
Construction Engineers, within three (3) Calendar Days of the start of any delays to the Critical Path that are caused by actions or inactions that were not within the control of the Contractor. Delay notifications that are not provided in a letter to the Engineer, such as a delay notification in the schedule narrative, will not be recognized as contractual notice in the determination of any Time Extension related to the impacts to the work associated with this specific alleged delay.
Some projects may last only a few days while others could last for years. The author states that the first step in managing a successful project is to develop a plan to produce the desired results on time and within budget. Short projects which are thoroughly and realistically planned are most likely to succeed. However, larger, more complex projects are more likely to encounter things that don’t work as planned. The greatest chance for success comes when
Projects that have insufficient recourses from the beginning will cause stress among the construction professionals. This may create a better working environment, as it will allow employees to have an adequate workload as well as a suitable amount of work responsibilities. Besides this, there is a need to clarify what is expected from each employee in his or her position. Job instructions and goals must be explicit for professionals, in order to minimize unhealthy distress and increase efficiency.
Project Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives such as scope, schedule, cost and quality. All initial assumptions are, in themselves, risks until they are agreed upon by the project stakeholders. The project risks of Aptus Learning Landscape are present in critical success factors / measures of success ( stated in project charter), initial assumptions of project ( stated in project charter) and also in the risk register of ATL construction works. We thoroughly analyze the construction risk stated in the risk register enlisted at the end of this chapter and observe that none of the risks possess a high likelihood of increasing the budget substantially or affecting the time schedule in a negative way. They are all known, internal and negative risk, and can be easily managed by closely coordinating, monitoring and controlling activities of team members. As these risks have low impact, we are keeping them as watch list.
In field of project management, there are a plethora of mechanisms under perpetual reevaluation. One specific segmentation of project management under such scrutiny pertains to cost duration, which is the time and monetary costs of completing individual tasks within the project’s critical path (IBM Knowledge Center, 2016). The process of monitoring and evaluating the time and financial impacts of each task is referred to as cost duration analysis (IBM Knowledge Center, 2016). A chief concern of cost duration analysis is identifying tasks within the project’s critical path which can reduce project duration (PMI, 2013). A common approach to reducing a project’s duration is task “crashing” (PMI, p.181). According to The Project Management Institute (2013) crashing refers to the process of methodical determining the financial value of increasing a critical path task’s resources in order to decrease project duration (p.181).
Construction projects are always unique and risks raise from a number of the different sources. Construction projects are inherently complex and dynamic, and involving multiple feedback processes. A lot of participants – individuals and organizations are actively involved in the construction project, and they interests may be positively or negatively affected as a result of the project execution or project completion. Different participants with different experience and skills usually have different expectations and interests. This naturally creates problems and confusion for even the most experienced project managers and contractors.
Proper following and acknowledgement of the timeline is vital to the success of this project. If the project goes overtime, it can cause serious budget mess-ups and furthermore delays.