Cause of delay and cost overrun in infrastructure projects

Authors

  • Salam Mahmood Hamad Department of business management, College of Humanities, University of Raparin

DOI:

https://doi.org/10.58934/jgeb.v4i15.201

Keywords:

Infrastructure Projects, Cost Overrun, Delay, Literature Review

Abstract

This paper focused on identifies causes of cost overrun and delay factors in infrastructure projects. Mainly, a structured review of literature has been conducted for the purpose of knowing extend of time delay and cost overruns experienced by infrastructure projects. To know this issue this paper explored current state of cost overruns and delay in infrastructural projects. Principally, the reviewed of 15 empirical literatures demonstrated different causes of delay and cost overrun. Main findings proposed distinctive factors of cost overrun and delays, and the main of them; pitfalls and errors in design, economic and political instability, bureaucracy of owner, poor experience of contractors, late in payment to contractor for terminate work, incompetent contractor human resources, in accurate scheduling and initial cost estimation by contractor and recurrent design change.

Published

2023-09-30

How to Cite

Hamad, S. M. . (2023). Cause of delay and cost overrun in infrastructure projects. Journal of Global Economics and Business, 4(15), 11–24. https://doi.org/10.58934/jgeb.v4i15.201