Title: LITERATURE REVIEW ON COST OVERRUN IN KERALA BASED CONSTRUCTION INDUSTRY
Abstract: Every construction company is targeted to acquire money and profit at the end of each project. This is achieved by completing projects within the expected cost, time and quality targets. Cost overruns represent a constant source of concern for project developers and several researches have been developed in order to identify causes of these kind of deviations worldwide. In this paper, a literature review was conducted in order to identify the most significant factors that leads to cost overruns in construction projects and the methods applied to identify them. The results include a synthesis of factors that leads to cost overrun and a critical evaluation of different investigations and recommendations for future research. From literature review ,27 prominent factor that lead to cost overrun were identified.
Publication Year: 2018
Publication Date: 2018-01-01
Language: en
Type: article
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