MITIGATION OF DELAYS IN TRADITIONAL CONSTRUCTION PROJECTS BY COMPARISON OF FIDIC CONS & MOSPI CONDITIONS OF CONTRACT

The construction industry is subjected to greater risks of delays and uncertainties than any other industries. Delays can be defined as the late completion of works as compared to the planned schedule on the contract. Delays can be avoided or minimized only when their causes are identified. When delay occurred into a project, it will have an adverse effect on project objectives in terms of time, cost and quality. To avoid these delays and manage the projects smoothly, there are lots of tools and techniques are being adopted. Among those, most of the professionals believe that the contract document is the best tool to manage most of the construction project. The contract document will allow the contracting parties to manage the delays properly. This research project is aimed to examine delays in construction projects and compare the delay management clauses from the developed country construction contracts with the Indian construction contracts. Finally this research will recommend the changes required in the Indian construction contracts for better delay management to meet the current requirements in the Indian Construction Industry. This research focuses on examining delays in traditional construction projects and compares delay management clauses in international and Indian contracts, particularly the FIDIC, and MOSPI conditions The primary findings from the study uncovers that there are various critical elements which causes project deferrals, for example, delay in advancement installments, troubles in financing projects by the temporary worker, delay in supporting real changes in the extent of work, postponement in material conveyance, equipment breakdowns, low profitability level of laborers and climate impact on construction exercises amongst others. Writing likewise uncovered that augmentation of project time and cost overwhelms are the real impacts of construction project delays. It is hoped that this study will become the foundation of further research in the area of project delays and mitigation measures.