The frequency and significance of the primary cause of cost overruns in infrastructure projects

Many road construction projects often go over budget. Take longer than expected. This research focuses on pinpointing the reasons, for delays and cost increases in road construction ventures in Libya. A survey was conducted with owners, consultants and contractors involved in road projects in Libya resulting in 163 completed questionnaires being analyzed. The study examined 55 factors identified through literature review. Improper planning emerged as the factor leading to project delays and cost overruns in road projects. Respondents ranked factors based on their impact with the top five issues being lack of experience with contracts, political instability, unrealistic contract durations and insufficient details and specifications. The insights gained from this study can aid all parties involved in construction projects to better handle delays and cost overruns. Researchers focusing on delay causes and cost escalations, in developing countries within the realm of road construction can also benefit from these findings.

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Publication Details

Journal
Journal of Innovative Transportation
Published
2024-12-23
DOI
https://doi.org/10.53635/jit.1293629
Primary Topic
Construction Project Management and Performance
Type
article
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article

The frequency and significance of the primary cause of cost overruns in infrastructure projects

Fares Tarhuni, Rupesh Mahat
Journal of Innovative Transportation
Construction Project Management and Performance
article

The frequency and significance of the primary cause of cost overruns in infrastructure projects

Fares Tarhuni, Rupesh Mahat
article en

Abstract

Many road construction projects often go over budget. Take longer than expected. This research focuses on pinpointing the reasons, for delays and cost increases in road construction ventures in Libya. A survey was conducted with owners, consultants and contractors involved in road projects in Libya resulting in 163 completed questionnaires being analyzed. The study examined 55 factors identified through literature review. Improper planning emerged as the factor leading to project delays and cost overruns in road projects. Respondents ranked factors based on their impact with the top five issues being lack of experience with contracts, political instability, unrealistic contract durations and insufficient details and specifications. The insights gained from this study can aid all parties involved in construction projects to better handle delays and cost overruns. Researchers focusing on delay causes and cost escalations, in developing countries within the realm of road construction can also benefit from these findings.

Journal of Innovative TransportationVol. 5(2)
Arkansas State University (US)
Partnerships for the goals
Openalex Percentile: Top 70%
Construction Project Management and Performance
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The frequency and significance of the primary cause of cost overruns in infrastructure projects — Fares Tarhuni, Rupesh Mahat · Journal of Innovative Transportation (2024) | TGRS Research Map | TGRS