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
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