Search
Search titles only
By:
Search titles only
By:
Forums
New posts
Search forums
Members
Registered members
Member Map
Current visitors
New profile posts
Search profile posts
What's new
New posts
All posts
Trending
Latest activity
New media
New Events
New review items
New Users & BDays
New User Announcements
Birthday Announcements
New classified ads
New showcase items
New classified comments
New showcase comments
Classifieds
New ads
New comments
Latest content
Latest feedback
Latest questions
Advertiser list
Search classifieds
Media
New media
New comments
Search media
Events
New events
Donate
My CCF
Toolbox
Mailing Lists
My Shop
Reviews
New items
Latest content
Latest reviews
Latest questions
Brands
Search reviews
Showcase
New items
New comments
Latest content
Latest updates
Latest reviews
Author list
Series list
Search showcase
Log in
Register
Search
Search titles only
By:
Search titles only
By:
New posts
Search forums
Members
Registered members
Member Map
Current visitors
New profile posts
Search profile posts
Menu
Install the app
Install
Reply to thread
General & Off-Topic
Off-Topic
Delay, the main cause of cost overruns
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="Cooper" data-source="post: 18741" data-attributes="member: 900"><p>Everyone knows that one year’s delay in completing a building project increases the project cost by about 15 to 20 percent.* When considering the delay involved in building <strong>Apartments Kochi</strong> City has one of the highest cost overruns mainly due to its status as a high cost destination.* Recently proposals have been given to the Kerala State Housing Board (KSHB) to construct more than 8000 tenements of various categories under their mass housing schemes.* It would easily generate about 150 crore rupees as extra funds for KSHB, and another 150 crore rupees can be easily raised from Housing Financing Banks, which are now aplenty.* </p><p>*</p><p>Thus, as a nucleus about 300 crore rupees can be set aside as the KSHB’s own Housing Revolving Fund and this can be multiplied by the snow-balling effect.** Unfortunately, these outdated discriminative procedures of tender notices and contract documents have unnecessarily wasted about one year, though every point has been resolved and sorted out.* Therefore, unless, these inhibitions are sorted out, there will not be any progress in the creation of ample social mass housing amenities and the eradication of slums in Kochi.* </p><p>*</p><p>Steel rates have further increased by five percent recently in addition to the cost escalation earlier.* Cement manufacturers have formed a cartel.* There is bound to be an increase in oil prices shortly which will further escalate and skyrocket the prices of everything.* Hence, timely execution of the apartment projects within the specified deadline while keeping to the quality standards and the approved plan must be the main priority of the project experts as prices of building materials double every 4 – 5 years.* </p><p>*</p><p>Completing construction activities at a faster pace even when adhering to the quality standards is possible only through total mechanization of civil engineering operations, which has been achieved only by a few of the leading builders.* It will help to create ample living spaces at low cost to help the unfortunate roofless millions to own a shelter, which they can call their own.* The vested interests must stop the overt sabotaging activities and harness this expertise of the proven industry people to serve the human needs of the roofless millions and try to give them reasonable living conditions.</p></blockquote><p></p>
[QUOTE="Cooper, post: 18741, member: 900"] Everyone knows that one year’s delay in completing a building project increases the project cost by about 15 to 20 percent.* When considering the delay involved in building [B]Apartments Kochi[/B] City has one of the highest cost overruns mainly due to its status as a high cost destination.* Recently proposals have been given to the Kerala State Housing Board (KSHB) to construct more than 8000 tenements of various categories under their mass housing schemes.* It would easily generate about 150 crore rupees as extra funds for KSHB, and another 150 crore rupees can be easily raised from Housing Financing Banks, which are now aplenty.* * Thus, as a nucleus about 300 crore rupees can be set aside as the KSHB’s own Housing Revolving Fund and this can be multiplied by the snow-balling effect.** Unfortunately, these outdated discriminative procedures of tender notices and contract documents have unnecessarily wasted about one year, though every point has been resolved and sorted out.* Therefore, unless, these inhibitions are sorted out, there will not be any progress in the creation of ample social mass housing amenities and the eradication of slums in Kochi.* * Steel rates have further increased by five percent recently in addition to the cost escalation earlier.* Cement manufacturers have formed a cartel.* There is bound to be an increase in oil prices shortly which will further escalate and skyrocket the prices of everything.* Hence, timely execution of the apartment projects within the specified deadline while keeping to the quality standards and the approved plan must be the main priority of the project experts as prices of building materials double every 4 – 5 years.* * Completing construction activities at a faster pace even when adhering to the quality standards is possible only through total mechanization of civil engineering operations, which has been achieved only by a few of the leading builders.* It will help to create ample living spaces at low cost to help the unfortunate roofless millions to own a shelter, which they can call their own.* The vested interests must stop the overt sabotaging activities and harness this expertise of the proven industry people to serve the human needs of the roofless millions and try to give them reasonable living conditions. [/QUOTE]
Insert quotes…
Verification
Post reply
General & Off-Topic
Off-Topic
Delay, the main cause of cost overruns
Top
Bottom
You're browsing as a
Guest
. Please register to receive all manner of go-faster benefits on CCF. Click
HERE
to login or register.