Delays and cost overruns in construction projects in the Gaza Strip essay
Cost overruns often lead to significant delays and disruptions to construction projects, extending the project timeline and escalating indirect costs such as labor and operational costs. This chain reaction of cost overruns on project schedules causes a cascade of disruptions and additional impacts throughout the project Why cost overruns happen. Cost overruns on construction projects can often be traced back to three main factors: inaccurate estimates, scope changes and delays. Inaccurate estimates: Given the complex nature of large-scale construction projects, accurately predicting all potential costs can be a challenging undertaking. The developed frameworks for construction time and cost overruns are based on the existing ones. Gaza Strip, Master Thesis, Gaza: A Total of the Consequences of Project Delays. 8 Salunkhe AA and Patil R Effect of Construction Delays on Project Time Overrun: Indian Scenario Int. J.Res. Scary. Technol · 547. Crossref Google Scholar 9 Love PED, Wang X, Sing C and Tiong RL Determining the probability of project cost overruns J. Constr. Scary. Manag · 330. Crossref Google Scholar Similarly, three major factors causing cost overruns were the scarce availability of labor and skills, inappropriate contractor policies, and the dominance of the construction industry by foreign companies. The objective of this study is to identify factors causing delays and cost overruns in the construction of palm oil refinery projects in Malaysia. A questionnaire survey among a randomly selected sample.