2018
DOI: 10.14419/ijet.v7i3.29.18807
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Analysis of time overruns in roads and highways sector in India using AHP ranking technique

Abstract: In today’s scenario there will be a competition exists among various construction firm, so the risk management come into picture to assess the various risk related to project. Assigning the right severity factor as per the possibility of occurrence will impart the success of organization as well as success will impart the growth of nation with increase in G.D.P. In construction of road the assessment of right severity factor, will be considered as strength to lower down the delay of time over run. Tremendous a… Show more

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Cited by 2 publications
(5 citation statements)
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“…In some studies, political instability, characterized by factors such as uncertainty about security assurances and related concerns, also had a major influence. A case example, is shown in previous research [9], [12], [16].…”
Section: Resultsmentioning
confidence: 99%
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“…In some studies, political instability, characterized by factors such as uncertainty about security assurances and related concerns, also had a major influence. A case example, is shown in previous research [9], [12], [16].…”
Section: Resultsmentioning
confidence: 99%
“…The political obstacles discovered in previous research are displayed in Table 1. A protracted or hierarchical authorization procedure that traverses various tiers of administration and has the potential to contribute to project delays X1.3 Asset ownership [7], [9] The governmental acquisition of project assets, encompassing nationalization as well, can potentially lead to the termination of the project contract. This action has significant implications for the private sector, subsequently influencing the performance of the project X1.4 Political agenda related to project decisions [10], [11] Project decisions influenced by political factors X1.5 Intervention From Government [12]- [15] The potential influence on the construction of the project may arise from the government's excessive intervention or opposition to its construction or operation X1.6 Corruption [5], [13] Corruption can manifest at several stages of the toll road construction project, wherein multiple players engage in selfenrichment or prioritize personal interests X1.7 Political Situation Of Domestic [9], [12], [16] Political instability, characterized by factors such as uncertainty around security assurances and related concerns X1.8 Field/Asset nationalization [16], [17] Companies that had partial foreign ownership experienced significant political shifts of a revolutionary kind X1.9 the government makes the wrong Decision [13], [14] The occurrence of decision-making errors in government projects can be attributed to either a deficiency in governmental expertise or a lack of consistency in the decision-making process within the government X1.10 Policy breaks by SPV [13], [18] The inadequate oversight of special purpose vehicle (SPV) entities and the prevalence of non-compliance incidents associated with SPVs X1.11 Differences of opinion in the contract [5], [7] Discrepancies in contractual interpretation arising from the inherent limitations of the contractual framework…”
Section: Political Barriermentioning
confidence: 99%
“…In contrast, the most critical factors for road projects were "financial issues" and "planning issues" (see Table 11). The delay causes aggregated into the "financial issues" included limited financial capacity, lack of cash flow, and budget issues (Akogbe et al, 2013;Meeampol & Ogunlan, 2006;Pai et al, 2018). The day-to-day activities of construction projects require contractors that spend high expenses to pay for resources.…”
Section: Contractor Accountabilitymentioning
confidence: 99%
“…To avoid cash flow problems, some authors suggest providing funding for contractual guarantees from owners and contractors (Nasir, Gabriel, & Choudhry, 2015). To address the problems of unrealistic initial duration and bid proposals (Pai et al, 2018;T. Wang et al, 2018), some authors suggest other methods of contractor selection than the lowest bidder approach, include selection criteria such as bonus for early delivery and implementing incentives for early completion of activities (Othuman Mydin, Sani, Taib, & Mohd Alias, 2014;Santoso & Soeng, 2016).…”
Section: Contractor Accountabilitymentioning
confidence: 99%
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