Analysis of construction cost and time overrun factors for high rise buildings

In construction industries achievement of the time and cost objectives is a major problem in spite of availability of control techniques and project control software’s. Research in the field of going on to identify causes of cost and time overruns. Now a days people are concentrating on the factors affecting the cost and time while construction of a project so that it will make ease to practitioner to have complete control over the project. While doing so various surveys has been conducted by researcher over 24 respondents (for fourty eight surveys 24 for cost overrun and 24 for time overrun) for various construction project in Pune, which was followed by personal interview with experience professionals from these organizations. The job was to identify the common factors which affects both time and cost control during construction projects (5). Subsequently 45 measures have been developed which leads us to know to how they impact on the cost and time of project, depending on the characteristics such as degree of severity and number of occurrence. The result of this study assist policy makers to make checklist of good practice and help them to understand factors causing actual delay, indirectly effective control over their projects (2).