Causes and effects of delays to contractor in Vietnam : a case study of tm7 – BAC Giang complex building project | |
| Author | Truong Canh Thang |
| Call Number | AIT Proj no.MPM-CM-20-11 |
| Subject(s) | Construction contracts--Vietnam--Case studies Construction projects--Vietnam--Case studies |
| Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction Engineering and Infrastructure Management |
| Publisher | Asian Institute of Technology |
| Abstract | Delays in construction projects are common and cause many damages. Delays in construction projects derived from a variety of causes such as the investor's delay in the hand over to the contractor, the investor's lack of funds, delay payment to the contractor, design with many errors or delays in the approval of design modifications, due to the weak capacity of the contractor or due to objective reasons such as weather,... The delay caused damages to both the investor and the consultancy and management unit of project and the contractor. For the investor, schedule delay means construction costs will be increased, investment efficiency will be reduced, reduced potential revenue and brand decline. For Project Management Consultancy, they are decline belief in investors, are the loss of customers in the future. And for the contractor, they are costs increase of construction, risk of contractual penalties, reducing profits and even losses and the most important issue is declined brand. The purpose of this report is to analyze the causes and effects of the delay from the contractor's perspective from Bitexco Finacial Tower project. It not only points out real causes of the delay caused construction schedule delay, the impacts of the delay to the contractor, but it also analyze and propose solutions to restrict, reduce delays as well as impacts of the delay to the contractor when he will implement other projects in the future. |
| Year | 2020 |
| Type | Project |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (Professional Master) (MPM-CM) |
| Chairperson(s) | Chotchai Charoenngam |
| Examination Committee(s) | Hadikusumo, Bonaventura H. W.;Santi Charoenpornpattana |
| Degree | Project (M. Eng.) - Asian Institute of Technology, 2020 |