• DocumentCode
    2855244
  • Title

    Risk factors influencing time and cost overrun in multiple D&B projects in Malaysia: A case study

  • Author

    Ramanathan, CT ; Potty, Narayanan Sambu ; Idrus, Arazi Bin

  • Author_Institution
    Dept. of Civil Eng., Univ. Teknol. PETRONAS, Tronoh, Malaysia
  • fYear
    2011
  • fDate
    6-9 Dec. 2011
  • Firstpage
    854
  • Lastpage
    859
  • Abstract
    Currently Design and Build (D&B) has gained popularity in the construction industry due to its attractive financial aspects. The development projects are implemented by D&B because of its special nature, crucial time requirements and size. Many D&B projects ended in the hands of contractors lacking knowledge on the other major constraints of this procurement method. They are basically committed by judgement and inadequate experience and unable to execute the project within the agreed time and price. The risk is more while committing to multiple simultaneous projects. This paper is a part of the research involving seven (7) case studies on actual multiple D&B projects. Site visits and project documents provided the core data for the case studies. The characteristic background of each project is presented with contractor´s, consultant´s and owner´s opinions. From the collected information, data on the factors influencing time and cost overruns were summarized. The researcher´s opinions on each case study are provided in conclusions.
  • Keywords
    construction industry; costing; procurement; project management; risk management; D-and-B project; Malaysia; construction industry; cost overrun; design-and-build project; financial aspect; procurement method; risk factor; time overrun; Bridges; Contracts; Delay; Government; Lead; Materials; Meteorology; Design& Build; Multiple projects; Time & cost risk;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management (IEEM), 2011 IEEE International Conference on
  • Conference_Location
    Singapore
  • ISSN
    2157-3611
  • Print_ISBN
    978-1-4577-0740-7
  • Electronic_ISBN
    2157-3611
  • Type

    conf

  • DOI
    10.1109/IEEM.2011.6118037
  • Filename
    6118037