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Implementation of The Best Value Approach in India

Abstract The construction industry in India suffers from major time and cost overruns. Data from government and industry reports suggest that projects suffer from 20 to 25 percent time and cost overruns. Waste of resources has been identified as a major source of inefficiency. Despite a substantial increase in the past few years, demand for professionals and contractors still exceeds supply by a large margin. The traditional methods adopted in the Indian construction industry may not suffice the needs of this dynamic environment, as they have produced large inefficiencies. Innovative ways of procurement and project management can satisfy the needs aspired to as well as bring added value. The problems faced by the Indian construction industry are ver... (more)
Created Date 2013
Contributor Nihas, Syed (Author) / Kashiwagi, Dean (Advisor) / Sullivan, Kenneth (Committee member) / Kashiwagi, Jacob (Committee member) / Arizona State University (Publisher)
Subject Engineering / Management / Construction industry structure / Developing countries / India / Inefficiency / Performance Information
Type Masters Thesis
Extent 29 pages
Language English
Reuse Permissions All Rights Reserved
Note M.S. Construction 2013
Collaborating Institutions Graduate College / ASU Library
Additional Formats MODS / OAI Dublin Core / RIS

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Description Dissertation/Thesis