Analysis on factors affecting dispute in construction industry by rii, impi |
Author(s): |
| Nency J. Dangrochiya , S.N.P.I.T&R.C; Hiren A. Rathod, S.N.P.I.T&R.C |
Keywords: |
| construction disputes, claims, causes of dispute |
Abstract |
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The rising cost, delay and the risk of legal action in construction disputes prompted the construction industry look for efficient ways to prevent and manage these construction disputes. This is because, as construction projects become increasingly complex due to the complex set of contract documents governing parties, cost increases, margins tightens and clients expect perfection in the contractor’s performance. The likelihood of disputes arising therefore increases, with their resolution becoming very expensive in terms of time, personnel, finances, project delays and opportunity cost. Prevention of disputes therefore can eliminate unnecessary costs, delays; strained relationships among members of different parties involved and finally save time. This study therefore aimed at developing appropriate strategies for dispute prevention on construction projects. |
Other Details |
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Paper ID: IJSRDV3I2048 Published in: Volume : 3, Issue : 2 Publication Date: 01/05/2015 Page(s): 8-9 |
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