Delay And Payment Issues In Construction Projects
Delay And Payment Issues In Construction Projects
Author/Editor: Hamzah Abdul Rahman • Wang Chen • Faizul Azli Mohd Rahim • Nurul Safwah Mohd Yusoff • Mohd Suhaimi Mohd Danuri
Publisher: UM Press
ISBN: 9789831008300
Weight: 200g
Pages: 194
Year: 2015
Price: RM52
A construction project is normally recognised as successful when the aim of the project is achieved in terms of predetermined objectives that are mainly to complete the project on time, within budget and according to the specified quality of the project. Unfortunately, one of the most significant problems that plague the construction project is delay. How critical these delays varies considerably from project to project, but invariably, delay would affect payment.
This book focuses on delay and payment issues in construction projects. There are many factors contributing to cause delays and payment issues ranging from factors inherent in the technology and its management, to those originating from the physical, social and financial environment. Delays and payment issues in construction projects can cause interruption of work and loss of productivity, late completion of project, increased time-related costs and third party claims and abandonment or termination of contracts. Therefore, mitigation and prevention measures for delays and payment issues in construction project are needed in order to minimise or prevent negative outcomes.
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