Asee peer logo

Analysis and Development of a Model for the Causes of Cost and Time Overruns in Engineering Projects

Download Paper |

Conference

2012 ASEE Annual Conference & Exposition

Location

San Antonio, Texas

Publication Date

June 10, 2012

Start Date

June 10, 2012

End Date

June 13, 2012

ISSN

2153-5965

Conference Session

Engineering Management Applications

Tagged Divisions

Engineering Management, Engineering Economy, and Industrial Engineering

Page Count

13

Page Numbers

25.184.1 - 25.184.13

DOI

10.18260/1-2--20944

Permanent URL

https://peer.asee.org/20944

Download Count

820

Paper Authors

biography

Syed Athar Masood National University of Sciences & Technology, Rawalpindi, Pakistan

visit author page

Syed Athar Masood is working as Assistant Professor at the Department of Engineering, NUST College of E&ME, Rawalpindi, Pakistan. He did his doctorate at Loughborough University, U.K., in engineering management at Wolfson School of Mechanical and Manufacturing Engineering and published a number of research papers in international journals.

visit author page

Download Paper |

Abstract

ANALYSIS AND DEVELOPMENT OF A MODEL FOR THE CAUSES OF COST AND TIME OVERRUNS IN ENGINEERING PROJECTSABSTRACT: Cost and time overruns have been the most disgustingproblems in most engineering management projects. There are numberof factors such as funds unavailability at the proper time, unavailabilityof skilled manpower, incapability of management to manage projectproperly, lack of commitment from project team and hurdles in the ofsupply of raw material on proper time. By understanding the causes ofcost and time overruns due to the above mentioned variables can helpto control cost and time overruns in engineering projects. Theseoverruns may be due to external or internal factors that makesengineering projects to delay.The main objective of this paper is to present the main causes ofoverruns in engineering projects and to present a model to overcomethese causes. Literature review and personal contacts have been usedto determine the causes of overruns on the delayed projects todetermine the types of delays that have caused cost and timeoverruns. Results indicate that most important factor to completeengineering projects on time and avoid overruns is the commitment ofthe project team especially the top management. The commitment intrue spirit of the project team and the management can be enhancedthrough the Clan type of culture in the project team as depicted byCameron, K. S. and Quinn, (1999). The results of the paper wereanalysed using SPSS and a model was developed to overcome thecause of overrun in engineering projects.

Masood, S. A. (2012, June), Analysis and Development of a Model for the Causes of Cost and Time Overruns in Engineering Projects Paper presented at 2012 ASEE Annual Conference & Exposition, San Antonio, Texas. 10.18260/1-2--20944

ASEE holds the copyright on this document. It may be read by the public free of charge. Authors may archive their work on personal websites or in institutional repositories with the following citation: © 2012 American Society for Engineering Education. Other scholars may excerpt or quote from these materials with the same citation. When excerpting or quoting from Conference Proceedings, authors should, in addition to noting the ASEE copyright, list all the original authors and their institutions and name the host city of the conference. - Last updated April 1, 2015