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|Title||Time and Cost Overruns on Construction Projects: Practical Case Studies|
|Title in Arabic||Time and Cost Overruns on Construction Projects: Practical Case Studies|
Construction industry is considered as one of the most important industries in Palestine. It is known that most construction projects in Gaza Strip exposed to time and cost overrun. This phenomenon may affect the progress of local construction industry; many contractors may face the danger of being forced out of business in the long run. The aim of this paper is to assess factors influencing time and cost overruns on construction projects in Gaza Strip through several case studies. Contractors, consultants and owners views were considered. The results indicated that continuous changes in specifications and incomplete drawings, owners delay in freeing the payments to contractors, fluctuation in the cost of materials, cash problems during construction, lack of management experience, lack of consultant experience, and change order are the main factors which contributed to time and cost overruns. Contracting parties are advised to consider these factors and others in this study in order to avoid or minimize time and cost overruns. Some recommendations are suggested to contracting parties in the paper.
|Published in||The Fifth International Conference on Engineering and Sustainability (ICES5)|
|Publisher||The Islamic University of Gaza|
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