Causes of Cost Overrun in Federal Road Projects of Ethiopia in Case of Southern District

Belachew, Ashebir Shiferaw

doi:10.11648/j.ajce.20170501.15

Cited by 4 publications

(1 citation statement)

References 13 publications

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“…As a result of the overwhelming investment of its, it is viewed as an economic uplifting of a nation. which is the reason why developing countries also invest in infrastructure development to improve their infrastructure status that's utilized to participate in the globalized world [3]. The construction industry plays a tremendous role in the economic system of developing countries.…”

Section: Overview Of Construction Industrymentioning

confidence: 99%

A Theoretical Assessment of the Impacts of Poor Risk Management in the Construction Industry - A Case of Ethiopia

Yisakor¹,

Nokulunga²,

Didibhuku³

2020

Proceedings of the Creative Construction E-Conference 2020

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The study examines previous literature on the impacts of poor risk management in construction industry, with specific aim of identifying the causes of poor implementation of risk management in construction projects. This is because the concept of risk management has attracted much attention in recent years and that researchers and research bodies, be it corporate or government that try to formulate remedies to poor risk management should begin with an understanding of the causes and impact of poor risk management. The totality of risk management in construction industries include the identification, measurement and prevention of all likelihoods of negative outcomes. The study is conducted with reference to existing theoretical literature, published and unpublished research. The study is mainly a literature review/survey on the cause and effects of poor risk management. One of the primary findings emanating from the study reveals that empirical studies have identified several important factors which causes poor risk management; such as project delays, project failure, reputational damages, and loss of profit, material scarcity, and inadequate project accountability amongst others. The study explores the causes and effects of poor risk management in construction projects and presents a robust background on the theories of poor risk management. This study will enable contractors, stakeholders and construction risk managers to achieve better result and quality projects.

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Section: Overview Of Construction Industrymentioning

confidence: 99%

A Theoretical Assessment of the Impacts of Poor Risk Management in the Construction Industry - A Case of Ethiopia

Yisakor¹,

Nokulunga²,

Didibhuku³

2020

Proceedings of the Creative Construction E-Conference 2020

View full text Add to dashboard Cite

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Categorization of potential project cost overrun factors in construction industry

Karunakaran

Abdullah

Nagapan

et al. 2018

IOP Conf. Ser.: Earth Environ. Sci.

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Analysis of Cost Overrun and Schedule Delays of Infrastructure Projects in Low Income Economies: Case Studies in Ethiopia

Belay

Tilahun

Yehualaw

et al. 2021

Advances in Civil Engineering

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Today, several developing countries struggle to improve the cost and time performances of major infrastructure works due to various reasons. Cost overrun and delay are one of the major challenges being faced by the construction and infrastructure sector. Hence, the aim of this study is to explore the extent of cost overrun and schedule delays in building and road infrastructure projects across the Ethiopian construction industry. Primary data were collected through a structured questionnaire survey to evaluate the potential risks leading to those challenges. Various data analysis tools were employed, to investigate the critical causes of cost overrun and delays in infrastructure projects. The findings reveal that the minimum cost overrun for building construction projects is found to be 2%, whereas the maximum and average cost overruns are 248% and 35%, respectively. For road infrastructure projects, the minimum, maximum, and average cost overruns are found to be 1%, 61%, and 18%, respectively. Similarly, the minimum, maximum, and average delays recorded in building construction projects are 9%, 802%, and 143%, respectively, whereas, in road infrastructure projects, the minimum delay is found to be 3%, the maximum delay is 312%, and an average schedule delay of 110% is recorded. In addition, the top risk factors leading to cost overrun in infrastructure projects are inflation, inaccurate cost estimates, and variations, whereas the major risks causing schedule delays are variations, economic conditions, and escalation of material prices. Further, practical implications and key recommendations were provided to curb cost overrun and delay in infrastructure projects.

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Causes of Cost Overrun in Federal Road Projects of Ethiopia in Case of Southern District

Cited by 4 publications

References 13 publications

A Theoretical Assessment of the Impacts of Poor Risk Management in the Construction Industry - A Case of Ethiopia

A Theoretical Assessment of the Impacts of Poor Risk Management in the Construction Industry - A Case of Ethiopia

Categorization of potential project cost overrun factors in construction industry

Analysis of Cost Overrun and Schedule Delays of Infrastructure Projects in Low Income Economies: Case Studies in Ethiopia

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