ISSN (Online) : 2456 - 0774

Email : ijasret@gmail.com

ISSN (Online) 2456 - 0774

“TO OVERCOME THE CHALLENGES AND ENHANCE THE PRODUCTIVITY AN TIME& COST OVERRUN MANAGEMENT IN ROAD CONSTRUCTION”

Abstract

Abstract— The Construction Industry like any other heavy industries uses huge amount of resources off and on the field in the form of materials, plants & equipment’s and human resources along with money, time and space. In Road projects, the total project corridor is usually divided into sections and further to sub-sections for the ease of working and allocation. The resources are generally allocated to the working teams / groups on the basis of their productivity level and total volume of work allotted to the respective teams. In Road projects, the same resource is often used for different activities and the productivity of that resource being different for different activities, it becomes inevitable to know the correct norms for correct estimation, planning and monitoring. Apart from project aspects, this study is necessary from global business point of view also. Today, in this globalized business world, any company has to compete with competitors from throughout the globe. In such a situation, optimum usage of resources, according to one pre planned schedule, for the deliverance of an estimated output is an absolute necessity. This could only be done when a system of estimating the resource productivity subject to the project constrains is in place. The main aim of this project is studying resources required for Road construction and increases Resource Productivity in different condition. One way to decrease the cost of such constructions and rendering them more convenient is by using low cost polymers. The main purpose of this research is to determine the effect of incorporating materials.Annually a huge amount of new roads are overlaid on existing road pavement in which a layer of existing bitumen pavement is removed for road development purposes. Utilization of such waste as Reclaimed Asphalt Pavement to replace natural aggregates partially could be helpful both for environmental and economic aspects in the construction industry.As road projects are much essential part of city, it needs to be completed at earliest for public benefits. Almost all Road projects in India are facing cost & time . Cost & time is generally considered as the most common, complex and risky problem encountered in construction projects. Most construction projects in developing countries are characterized by overruns in time. All projects, regardless of size, complexity are burdened by deadlines and uncertainty. Cost & time s occur in every construction project and the magnitude of these cost & time s varies considerably from project to project. This research carries out a detailed review of the previous studies of the time and cost overrun factors.Keywords- Cost & time, Cost, Time, budget, Management, Planning, Quality, Schedule

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